480-442-0779

1527 W Fillmore Street, Phoenix, AZ 85007 (MLS# 6819340)

1527 W Fillmore Street, Phoenix, AZ 85007

$1,399,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,399,000 Last Modified: 2/12/2025

Description

(Owner willing to carry at 5% for 5 years with 20% down!) These charming 7 units in the heart of Downtown Phoenix will be a great cash-cow to add to your portfolio. With an attractive mix of studios, 1-bedroom, and 2-bedroom units, you will appeal to all tenant types. Some units feature 10+ foot ceilings and historic, grand fireplaces, and all have renovated interiors and a wonderful, inviting front yard and courtyard. Along with onsite laundry, this gem has attracted and welcomed a great tenant base. Located only a short distance from all of the entertainment, shopping, and culinary attractions of downtown, this is a great investment that will yield great returns for many years to come. Inquire about this great investment while it's still available!

More Information MLS# 6819340

Contract Info

Current Price: $1,399,000 List Price: $1,399,000 Status: Active List Date: 2025-02-12 Ownership: Fee Simple

Location Tax Legal

House Number: 1527 Compass: W Street Name: Fillmore St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85007 Country: USA County Code: Maricopa Assessor Number: 111-26-111 Tax Year: 2024

General Property Description

Lot Size Dimensions: 99'x128' Year Built: 1895 Uncvrd Parking Spcs: 6 Total # of Units: 7 # of Buildings: 2 Zoning: R-5

Remarks Misc

Cross Street: 15th Avenue and Fillmore Directions: 15th Avenue and Fillmore, go west to property. Geo Lat: 33.454734 Geo Lon: -112.092465

Status Change Info

Status Change Date: 2025-02-12

Legal Info

Lot Number: 17 + 18

Income Expenses

Gross Annual Sch Inc: 121200 Net Operating Income: 115140

Showing Notification Methods

Showing Service: No Showing Service Used

Efficiency Units

# Efficiency Units: 2 Avg Rent: 1100 Avg SqFt: 400 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 3 Avg Rent: 1450 Avg SqFt: 650 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1800 Avg SqFt: 750 # Baths: 1

Property Features

Project Type: 5 - 12 Units Construction: Block; Other (See Remarks) Const - Finish: Stucco Roofing: Comp Shingle Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building Community Amenities: Other Exterior Amenities: Fenced; Patio/Balcony Appliances Included: BI Oven/Range; Refrigerator; Washer/Dryer Cooling: Electric Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking: Carport; Street Parking; 1 Space/Unit; Paved Parking Owner Pays: Water; Electric; Trash Collection; Landscaping Tenant Pays: Cable TV Source of Fincl Data: Provided by Owner; Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; Conventional; Seller May Carry; 1031 Exchange Environmental: None
Listing Office: ABI Multifamily
Last Updated: February - 12 - 2025
1527 W Fillmore Street, Phoenix, AZ 85007- MLS# 6819340
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