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1545 W ROOSEVELT Street Phoenix, AZ $ 1,300,000
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1545 W ROOSEVELT Street
$ 1,300,000
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1545 W ROOSEVELT Street

Phoenix, AZ, 85007
$ 1,300,000
Baths0.0

Monthly Estimate*

$ 8,640

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,300,000. This home was built in 1937.

Building is completely vacant! The six buildings that make up The Bungalows are of wood-frame construction with pitched roofs. The recently renovated apartments are complemented by the mature landscaping and welcoming community courtyard. Value-Add Opportunity Through Remediation of the (2) Fire Damaged Units. 12-unit apartment community located at 1545 West Roosevelt Street in Phoenix, AZ. The Bungalows is located just minutes from the heart of Downtown Phoenix and within walking distance to the iconic intersection of 15th Avenue & Grand Avenue, just west of the highly sought after Roosevelt Row Arts District.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,500

Style

Multiple Dwellings

Year Built

1937

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6672737
Features
General
Sewer Public Sewer
Heating Ceiling
Cooling Individual
Roof Composition
Zoning R-5
Construction Materials Stucco Frame - Wood
Year Built 1937
Electric APS Master Meter
Tenant Pays Cable TV
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 147630.0
Community Features No Pool
County Maricopa
Net Operating Income 90331.0
Operating Expense 1500.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name HOMESTEAD PLACE
Garage Y/N N
Status Active
City Phoenix
Buyer Agent Compensation 2.50
Disclosures None
View Y/N N
High School District Phoenix Union High School District
Open Parking Spaces 12.0
NumberOfUnitsTotal 12
Lot Size Square Feet 0.0
Carport Y/N N
Street Name ROOSEVELT
Tax Annual Amount 1500.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 95
Standard Status Active
Elementary School District Phoenix Elementary District
Tax Lot 7 8
Cap Rate 6.95
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 12.0
Lot Size Area 0.0
Number of Buildings 6
Spa N
Lot Dimensions 98.23x146.68x97.97x148.84
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1545
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* Excluded Features
List By
Abi Multifamily

Broker

dallin.hammond@abimf.com

Email

Affordability Calculator

$8,765
Per Month
99%
1%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/5/2024$1,300,000 Listed Price

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1545 W ROOSEVELT Street, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $1,300,000. 1545 W ROOSEVELT Street is a studio with 0.0 baths and was built in 1937. The property's zip code is 85007 which is in Phoenix, AZ

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