Description
To be sold with 1518 E Fillmore Street ($800K per fourplex). The property consists of two identical fourplexes (8 units) that were built in 1980. Each unit is a 2 bedroom / 1 bathroom approximately 650SF per unit. Each unit is individually metered for electricity. 16 Street Apartments features a value-add component through interior and exterior renovations to achieve higher rents or run as-is with bumping rents to market rate. It is just located off 16th Street and Fillmore within a 10 minute bike ride to Arizona State University Downtown Campus, Roosevelt Row and Banner University Medical Center. Based on its positioning in the competitive landscape of the submarket and the area's ongoing redevelopment efforts.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
To be sold with 1518 E Fillmore Street ($800K per fourplex). The property consists of two identical fourplexes (8 units) that were built in 1980. Each unit is a 2 bedroom / 1 bathroom approximately 650SF per unit. Each unit is individually metered for electricity. 16 Street Apartments features a value-add component through interior and exterior renovations to achieve higher rents or run as-is with bumping rents to market rate. It is just located off 16th Street and Fillmore within a 10 minute bike ride to Arizona State University Downtown Campus, Roosevelt Row and Banner University Medical Center. Based on its positioning in the competitive landscape of the submarket and the area's ongoing redevelopment efforts.
© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-07-03T00:20:32.283.