$1,100,000
$1,100,000
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SOLD DATE : 02/14/2020
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kleck Tract
MLS Listing ID 6002361
Sold Date 02/14/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1982
Annual Tax Amount $1,409
Tax Year 2019
Lot Dimensions IRR
Property Description
The Roosevelt Garfield Apartments are your opportunity to cash in on the hottest neighborhood in Downtown Phoenix! Units have been recently renovated but still have upside for the new owner. Situated just a couple blocks from everything, tenants want to be here: ASU and the Biomedical Campus, Roosevelt Row and its world famous
First Friday Art Walk, the Phoenix Art Museum, and Banner Medical Center (a major employer). It's an easy walk to ReBar, Welcome Diner, Gallo Blanco, Core Crossfit, and TWO breweries! The property
is within the Phoenix TOD transit overlay and directly adjacent an Opportunity Zone. Take advantage of either seller financing OR residential financing via two fourplex loans! Separate parcels give you
multiple exit strategies! (1417 & 1421 E. Roosevelt)
Location
State AZ
County Maricopa
Community Kleck Tract
Zoning R-5
Direction East on Roosevelt to property
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Concrete
Appliance FS OvenRange, Refrigerator
Exterior
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 9
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-19-119
Acceptable Financing Conventional, FHA, Owner May Carry
Listing Terms Conventional, FHA, Owner May Carry
Financing Carryback
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