801 S 1ST Avenue Phoenix, AZ ^$ 605,000

801 S 1ST Avenue

^$ 605,000

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801 S 1ST Avenue

Phoenix, AZ, 85003

^$ 605,000

Studio Baths0.0

Monthly Estimate*

^$ 4,021

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $605,000. This home was built in 1909.

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.

Multi-Family Active

Price

^$ 605,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 554

Style

Multiple Dwellings

Year Built

1909

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6691116

Features

General

Sewer Public Sewer

Heating Electric Natural Gas

Cooling Electric Wall/Window Unit(s)

Roof Composition

Zoning R-5

Construction Materials Siding Painted Stucco Block Frame - Wood

Year Built 1909

Electric APS

Tenant Pays Gas Electricity

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 0.0

Community Features Other

County Maricopa

Net Operating Income 0.0

Operating Expense 554.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name GERIGS SUB.

Garage Y/N N

Status Active

Directions North to Sherman corner of 1st Ave and Sherman. 2 units face north to Sherman and one faces west to 1st Ave

City Phoenix

Buyer Agent Compensation 2.50

Disclosures None

View Y/N N

High School District Phoenix Union High School District

Open Parking Spaces 6.0

Total Units 3

Lot Size Square Feet 0.0

Carport Y/N N

Street Name 1ST

Tax Annual Amount 554.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Occupancy Type Tenant

Elementary School District Phoenix Elementary District

Tax Lot 1

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Other

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Free Add'l Parking Avail >1 Space Per Unit Street Parking

Water Source City Franchise

Total Parking 6.0

Lot Size Area 0.0

Number of Buildings 3

Spa N

Lot Dimensions 7 250

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

Internal Only

Street Number 1 801

* Excluded Features

List By

Orion Investment Real Estate

Broker

carter.marks@orionprop.com

Affordability Calculator

$4,067

Per Month

Monthly Principal & Interest: $4,021
Monthly Property Taxes: $46
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,354,811

Percent of Sale Price 124%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/13/2024	$605,000		Listed Price

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801 S 1ST Avenue, Phoenix, AZ, 85003 is a Multi-Family Home for sale at $605,000. 801 S 1ST Avenue is a studio with 0.0 baths and was built in 1909. The property's zip code is 85003 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/31/2024.

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801 S 1ST Avenue

Multi-Family Home for sale in Phoenix, AZ

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