215 N 12th Avenue, Phoenix, AZ 85007

$625,000
6
BD

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List Price
$625,000
Status
ACTIVE
Days on Market
191
MLS#
6993030
City
Phoenix
Bedrooms
6
Year Built
1930

Property Description

Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.

Additional Information

Taxes
$3,418
Units
5
Flooring
Ceramic Tile, Other
Parking Features
Other
Construction
Block, Wood Frame, Painted, Siding
Roofing
Composition
Cooling
Ceiling Fan(s)
Heating
Other
Zoning
M-H
Subdivision
Walker Sub
Community Features
Other
Electric
APS
Water
Master Meter
Tenant Pays
Electricity
New Financing
No Carry

Courtesy of N.B. Andrews and Associates. 602-833-8220

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