2102 W ADAMS Street

Phoenix, AZ 85009
Beds
16
$1,999,000
Downtown Phoenix 16-Unit Multifamily Complex consisting of nine buildings across six contiguous lots totaling approximately 36,400 SF. The property is R-3 zoned and features all 1BD/1BA units, currently generating $18,000+ in monthly gross rental income. All units have separate electric and gas meters, with utilities paid directly by tenants. The… Read MoreRead Less
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
0
Last Updated
Beds
16
Year Built
1921
MLS Number
7085334
Property Location Map
Additional Details
Property Access
Road Surface: Concrete, Gravel
Building
Built in 1921, 9 buildings, Construction Materials: Brick Veneer, Block
Community
No Pool
Disclosures
None
Expenses
Electric: $240, Insurance: $8,000, Maintenance: $8,000, Operating: $25,196, Water/Sewer: $8,400
Floors
Ceramic Tile, Vinyl
Income
Gross Income: $213,012, Gross ScheduledIncome: $219,600, Net Operating Income: $187,816
Lot
Dimensions: 36400
Owner Pays
Trash Collection, Water, Sewer
Parking
30 open parking spaces, 30 total parking spaces, >1 Space Per Unit
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 109-32-095, Public Survey Range: 2E, Public Survey Section: 12, Annual Amount: $556, Tax Book Number: 109.00, Legal Description: CAPITOL, Lot: 24, Year: 2025, Zoning: R-3
Utilities
Water Source: City Franchise, APS, SRP
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Leah Burr
REALTOR®
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