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1930-1938 E Adams Street

Phoenix, AZ 85034
Beds
22
$2,250,000
Adams Street Apartments is a 16-unit apartment community offering immediate value-add potential. Originally configured as 17 units, the property includes a storage room that could be converted back into a studio unit, creating an opportunity for additional rental income. Owned and operated by the same ownership since 2012, the property has… Read MoreRead Less
Courtesy of Orion Investment Real Estate 480-634-6934
Listing Snapshot
Days Online
1
Last Updated
Beds
22
Year Built
1956
MLS Number
7098707
Property Location Map
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Built-In Range, W/D Hookup
Building
Built in 1956, 3 buildings, Construction Materials: Painted, Block
Community
No Pool
Cooling
Ceiling Fan(s), Electric
Disclosures
None
Expenses
Electric: $11,500, Insurance: $10,200, Maintenance: $9,500, Operating: $60,160, Other Expense: $3,100
Floors
Wood, Concrete
Heating
Ceiling
Income
Gross Income: $217,589, Gross ScheduledIncome: $218,511, Net Operating Income: $149,743
Lot
Dimensions: Normal
Owner Pays
Trash Collection, Water, Sewer
Parking
19 open parking spaces, 19 total parking spaces, >1 Space Per Unit
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 115-03-040, Annual Amount: $4,960, Tax Book Number: 115.00, Lot: 20, Year: 2025, Zoning: R-5
Utilities
Water Source: City Franchise, SRP
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Dan Weisinger
Real Estate Specialist
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North High School 602-764-6500 Public 9-12

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