MLS® ID: 5987818

1846 E WASHINGTON Street

Phoenix, Arizona, 85034

$1,050,000 Active
  • - SQFT
1846 is a boutique-style apartment community originally built in 1940, renovated in 2016 and extensively remodeled in 2019. The community offers a mix of studio, one- and two-bedroom rental units. The units provide the resident the comfort of individual AC and microwaves as well as other unit attributes. The 2019 renovation included two new main water heaters, new roofs on both buildings, exterior paint and stucco siding, electrical panels, three units completely rewired and rebuilt, 6 new AC units, new sewer main, new walkways and exterior awnings.At list price, 1846 produces a cap rate of 7.58% with room for future rent growth to the new investor.
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Listing courtesy of ABI Multifamily

Amenities

  • Zip
    85034
  • Office name
    ABI Multifamily
  • Subdivision
    COLLINS PHOENIX BLKS 23-26, 17, 27
  • Property type
    Multiple Dwellings
  • Zoning type
    C-3
  • School district
    001 - Phoenix Elementary District
  • Year built
    1940
  • Lot size
    49 FT X 157.5 Ft
  • Sewer
    Sewer - Public
  • Heating
    Electric
  • Tax year
    0
  • Agent name
    Dallin J Hammond
  • Tax amount
    $ 1078.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $1m-$1.25m
  • Area
    Phoenix
  • Year Built Range
    1989 (and earlier)
  • Office ID
    abim01
  • Agent ID
    dh951

Location

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