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901-905 S 2nd Avenue, Phoenix, AZ 85003
$1,925,000
901-905 S 2nd Avenue, Phoenix, AZ 85003View this property at 901-905 S 2nd Avenue, Phoenix, AZ 85003
901-905 S 2nd AvenuePhoenixAZ85003
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Property Description
This great cash-flowing investment walking distance from Downtown Phoenix is one that will greatly enhance your portfolio. Comprised of two fourplexes that can qualify for residential financing, these (8) renovated 2 bed/1 bath units with in-suite laundry will be attractive to any renter. With a new roof in 2021, newer AC units, and being walking distance from the upcoming light rail system, this is an investment you will love. Listing consists of parcels 112-24-063 and 112-24-064. Do not disturb tenants. Buyer and buyers agent to verify all facts and figures.
Full Property Details
Full Property Details for 901-905 S 2nd Ave
General
- Price: $1,925,000
- Taxes: $2,070 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 6647881
- Updated: 4/2/2024
- Added to Site: 128 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Total Spaces: 10
- Parking Features: >1 Space Per Unit, Street Parking
Location
- County: Maricopa
- Cross Streets: Central Avenue and Buckeye Road
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Stucco, Block
- Roof: Composition
- Year Built: 1984
Unit Information
- Vacancy %: .03
Lot Features
- Frontage: Asphalt
- Zoning: C-1
Financial Considerations
- Tax Amount: $2,070
- Tax Year: 2023
- Terms: CTL, Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Multiple Parcels: Yes
- Property ID: 112-24-063
- Lot Number: 1
Listed by ABI Multifamily
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Schools
Schools serving 901-905 S 2nd Ave
Rating | Name | Grades | Distance |
---|---|---|---|
1001 N 31st Ave, Phoenix, AZ 85009 | K-5 | 3.2 mi | |
3025 W McDowell Rd, Phoenix, AZ 85009 | K-5 | 3.4 mi | |
1420 W Osborn Rd, Phoenix, AZ 85013 | PK-3 | 3.5 mi | |
3402 W McDowell Rd, Phoenix, AZ 85009 | 6-8 | 3.8 mi | |
1102 W Highland Ave, Phoenix, AZ 85013 | 7-8 | 4.7 mi | |
5330 N 23rd Ave, Phoenix, AZ 85015 | 6-8 | 5.7 mi | |
512 E Pierce St, Phoenix, AZ 85004 | 9-12 | 1.3 mi | |
1645 W McDowell Rd, Phoenix, AZ 85007 | 9-12 | 2.1 mi | |
5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 901-905 S 2nd Ave
Date
Details
Price
Change
Source
1/09/2024
Listed
$1,925,000
156.67%
MLS
12/20/2021
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 901-905 S 2nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,035
4%
$49,050
50%
2022
$998
—
$32,600
32%
2022
$998
1%
$24,630
28%
2021
$990
-1%
$19,170
23%
2020
$1,002
—
$15,570
13%
2019
$1,000
2%
$13,770
33%
2018
$983
2%
$10,370
2%
2017
$960
3%
$10,210
20%
2016
$933
8%
$8,480
1%
2015
$863
-5%
$8,400
18%
2014
$911
38%
$7,110
91%
2013
$662
—
$3,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 901-905 S 2nd Ave
901-905 S 2nd Avenue, Phoenix, AZ 85003 (MLS# 6647881) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 901-905 S 2nd Avenue is currently listed for $1,925,000 and was received on January 09, 2024. Want to learn more about 901-905 S 2nd Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.