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$1,729,000

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1241 E ADAMS Street Phoenix, AZ 85034

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Erica Lawton

ericalawton@epique.me +1(715) 495-0456

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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

Listed by SRL Group

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Contact Us

+1(715) 495-0456

ericalawton@epique.me

https://homesbylawton.com