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915 W WOODLAND Avenue Phoenix, AZ 85007
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Key Details
Sold Price $749,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision H Grays Subdivision
MLS Listing ID 6143027
Sold Date 03/01/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1926
Annual Tax Amount $1,483
Tax Year 2020
Lot Dimensions 114 x 58
Property Description
The renovated Woodland Avenue Fourplex is an amazing historic apartment
opportunity located in the very popular and active Downtown Phoenix
area. The property is located just southwest of 7th Avenue and Van
Buren, just off of the growing Grand Avenue Arts District. It is minutes to
the nearest light rail station, less than a mile to the Phoenix Stadium
District, a short bike ride/walk to the ASU Downtown Phoenix campus,
and is a short walk to popular hot spots such as The Van Buren and
Crescent Ballroom. This location is as central as it gets, with many
dining, shopping, and entertainment options, as well as multiple
freeway access points within minutes. The Woodland Avenue Fourplex offers a solid investment with a good return on actual numbers with a long history of strong performance. It consists of (2) 1-bed / 1-bath units and (2) 2-bed / 1-bath units with the opportunity for 30-year fixed-rate residential financing if desired. All the units maintain the beautiful historic charm and character that tenants come to expect and want in this part of Downtown Phoenix. The units are all individually metered for electricity. Given the charm and location
of these units, they have historically had very little vacancy. This is a rare bite-sized investment opportunity in an amazing downtown location. Adjacent duplex at 146 - 148 North 10th Avenue also available for sale.
Location
State AZ
County Maricopa
Community H Grays Subdivision
Zoning R5
Direction West on Van Buren to 10th Ave, South on 10th Ave to property on SE Corner of 10th Ave and Woodland Ave.
Interior
Heating Other, See Remarks
Cooling Other, See Remarks
Flooring Other
Exterior
Garage Other (See Remarks)
Community Features Other, See Remarks
Amenities Available Other
Waterfront No
Roof Type Other, See Remarks
Parking Type Other (See Remarks)
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 112-04-049
Financing Other
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