Trusted Real Estate Experts in Sierra Vista, Fort Huachuca, Benson, and Bisbee Arizona

1945 W VAN BUREN Street

Phoenix, AZ 85009

Phoenix, AZ 85009

1945 W VAN BUREN Street

$999,000

MLS#: 6785949

Status: Active

Listing provided by: JM Realty

Listing agent phone: None

Last update: 14 days ago

On site: 1 year, 7 months ago

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CAPITOL ADDITION - Residential Income

About

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1952

Sq.Footage

0

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Paved, On Street

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $999,000

  • Tax Amount

    $6,034

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Phoenix Elementary District

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    11

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Phoenix Elementary District

  • Middle School

  • High School

Listing Courtesy of Joseph P Mahoney , JM Realty

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Mandy Gold

FOUNDER

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Phone (520) 508-4855

Email mandy@mandygoldteam.com


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1945 W VAN BUREN Street

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