1241 E ADAMS Street new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85034
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Collins Addition Phoenix Blocks 31-34 & 39-40
MLS Listing ID 6870735
Year Built 1926
Annual Tax Amount $504
Tax Year 2024
Lot Dimensions 12
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Prime Downtown Phoenix 6-Unit Multi-Family Investment - Fully Renovated & Permitted through the City of Phoenix. Every unit has been meticulously updated from the ground up with all new electrical, plumbing, roofs, HVAC systems, and energy-efficient windows, offering peace of mind and modern functionality for years to come. Step inside to find stylish new kitchens featuring stainless steel appliances, custom cabinetry, and quartz countertops, as well as luxuriously updated bathrooms with contemporary finishes. Washer/Dryer's in units. Each unit combines comfort, style, and durability, perfect for attracting quality tenants or operating as a premium rental portfolio Situated on a large corner lot with potential for future subdividing or development, this property offers investors significant long-term upside. Location doesn't get better than thisjust steps to Roosevelt Row's restaurants, art galleries, and nightlife, Banner Medical Center, ASU & U of A Downtown Campuses, the Phoenix Financial District, Chase Field, Footprint Center, and all that downtown Phoenix has to offer.
Whether you're looking for a turnkey multi-family asset, a cash-flowing investment in a booming rental market, or future redevelopment potential, this property checks every box.
Location
State AZ
County Maricopa
Community Collins Addition Phoenix Blocks 31-34 & 39-40
Zoning R5
Interior
Heating Heat Pump
Cooling Central Air
Flooring Ceramic Tile,Vinyl
Appliance Refrigerator,Free-Standing Electric Oven,Microwave,Washer/Dryer
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Foam
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Master Meter
New Construction No
Schools
Elementary Schools Phoenix #1 Iacademy
Middle Schools Augustus H. Shaw Montessori
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-45-111
Acceptable Financing Conventional,VA Loan
Listing Terms Conventional,VA Loan