801 S 1st Avenue, Phoenix, AZ 85003

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Sold Price
$550,000
List Price
$605,000
Closing Date
Jun 26, 2024
Days on Market
59
Status
CLOSED
MLS#
6691116
City
Phoenix
Subdivision
Gerigs Sub.
Year Built
1909

Property Description

801 S 1st Ave is a triplex situated on a corner lot in Downtown Phoenix. The mix consists of (2) 1bed/1bath and (1) 3bed/1bath units, all separate buildings that are individually metered for electricity and fenced with private yards. Plenty of parking and residents have quick access to attractions like Footprint Center, Chase Field, Roosevelt Row and all of the vibrant restaurants, bars and entertainment spaces Downtown Phoenix has to offer. This triplex presents a great opportunity for investors looking for a value add opportunity or a short erm rental. Units were recently renovated/modernized by the seller (roof/kitchens/bedrooms/exterior/etc) but a new owner can expand on these to further optimize rents. Drive by only. Do not disturb tenants.

Additional Information

Community Features
Other
Construction
Block, Wood Frame, Painted, Stucco, Siding
Cooling
Electric, Window/Wall Unit
Electric
APS
Flooring
Other
Heating
Electric, Natural Gas
New Financing
Other (See Remarks)
Parking Features
Open, On Street, >1 Space Per Unit
Roofing
Composition
Subdivision
Gerigs Sub.
Taxes
$554
Tax Year
2023
Tenant Pays
Electricity, Gas
Units
3
Water
City Franchise
Zoning
R-5

Courtesy of Orion Investment Real Estate. 480-634-6934 Selling Office: eXp Realty.

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