1438 E Adams Street, Phoenix, AZ 85034

$999,000
4
BD
4
BA

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List Price
$999,000
Status
ACTIVE
Days on Market
84
MLS#
7044182
City
Phoenix
Bedrooms
4
Bathrooms
4
Year Built
1983

Property Description

Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.

Additional Information

Taxes
$1,294
Units
4
Parking Features
1 Space/Unit, Paved, On Street, RV Access/Parking, Boat, Off Street
Construction
Wood Frame, Painted, Wood Siding
Roofing
Composition
Cooling
Central Air, Electric
Heating
Electric, Forced Air
Zoning
Multiple Family
Exterior Features
Sidewalk(s)
Subdivision
Collins Addition Phoenix Blocks 31-34 39-40
Community Features
No Pool
Electric
APS
Water
Master Meter, City Franchise
Sewer
Sewer-In & Connected
Tenant Pays
Water, Electricity
New Financing
Conventional, 1031 Exchange, Lease Option, Owner May Carry, Lease Purchase, Cash
Elementary School
Garfield School
Middle School
Garfield School
High School
North High School

Courtesy of AH Properties. 602-863-1500

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