This 16-bedroom, 16-bathroom residential multi family at 2102 W ADAMS Street in Phoenix, AZ is listed for $1,999,000. Built in 1921, on a N/A lot.
Key Features
Built in 1921
Property Details
16 full
1921
Listing Description
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 property is serviced by four water meters. The site offers a potential redevelopment opportunity while providing existing rental income.
Monthly Cost Estimate
$10,691/mo
20% down · 6.5% · 30 years
Principal$1,446
Interest$8,662
Insurance$583
Estimates only. Actual payments may vary.
Location
2102 W ADAMS Street
Phoenix, AZ 85009
CAPITOL ADDITION
Property Details
Flooring
Tile - CeramicVinyl
Construction
Brick Veneer Block
Questions & Answers
This 16-bedroom, 16-bathroom residential multi family at 2102 W ADAMS Street is listed at $1,999,000. The estimated monthly payment is $10,691 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
