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
86
MLS#
7044182
Subtype
Multiple Dwellings
Year Built
1983
Bedrooms
4
Bathrooms
4
Subdivision
Collins Addition Phoenix Blocks 31-34 39-40

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

Exterior Features
Sidewalk(s)
Taxes
$1,294
Zoning
Multiple Family
Appliances
Free-Standing Range, Refrigerator, Disposal, Microwave, Washer/Dryer, W/D Hookup, Built-In Electric Oven, Free-Standing Electric Oven
Heating
Electric, Forced Air
Air Conditioning
Central Air, Electric
Exterior Construction
Wood Frame, Painted, Wood Siding
Parking Features
1 Space/Unit, Paved, On Street, RV Access/Parking, Boat, Off Street
Elementary School
Garfield School
Middle School
Garfield School
High School
North High School

Listing courtesy of AH Properties.

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