605 W Pierson Street, Phoenix, AZ 85013

$2,250,000
List Price
$2,250,000
Days on Market
98
Status
PENDING
MLS#
5883663
City
Phoenix
Lot Size
12
Subdivision
Pierson Place
Year Built
1958

Property Description

Pierson Place is a fully re-positioned property with an incredible unit mix. Located in an amazing neighbor of Melrose District. Downtown Phoenix where you are walking distance to the light rail but also in a residential neighborhood. Property is super clean and all major capital improvements done in 2016. All new flooring kitchen and bath, sewer lines plumbing, widows, paint, and more! This property features (4 ) three bedroom 2 baths (4) two bedrooms one baths (4) one bedroom one bath units. (1) studio unit. All units have covered parking and beautiful remodeling and washer in dryers inside the units. Separately meter for electric. Rents have not been raised since 2016 . Upside in rents. Rents for a three bedroom should be at 1,399 and two bedrooms at 1200-1,250 and the one's 1,000-1,150. Current rents are at 800-1275 All facts and figures are approximate buyer verify MLS info. Drive by only tenant's unaware of sale.

Additional Information

Elementary School
Other
High School
Other
Middle School
Other
School District
210 - Phoenix Union High School District
Construction
Frame - Wood
Cooling
Electric Refrigeratd
Electric
APS
Finish
Painted, Stucco
Floors
Carpet, Ceramic Tile, Other (See Remarks)
Gas
None
Guest House Sq Ft
12
Heating
Other (See Remarks)
Lot Size
12
New Financing
Conventional
Parking
1 Space/Unit
Project Type
13 - 24 Units
Roofing
Built-Up
Sewer
Sewer - Public
Pool
Yes
Subdivision
Pierson Place
Taxes
$7,834
Tenant Pays
Other (See Remarks)
Units
12
Water
City Franchise
Zoning
MF

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CentrixUSA.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.