About 1438 E Adams Street
Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.
Features of 1438 E Adams Street
| MLS® # | 7044182 |
|---|---|
| Price | $999,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Year Built | 1983 |
| Type | Multiple Dwellings |
| Status | Active |
Community Information
| Address | 1438 E Adams Street |
|---|---|
| Subdivision | COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40 |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85034 |
Amenities
| Amenities / Community Features | No Pool |
|---|---|
| Parking Spaces | 4 |
| Parking | Off Street, RV Access/Parking, Paved, 1 Space/Unit, On Street, Boat |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Range, Disposal, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup |
|---|---|
| Heating | Forced Air, Electric |
| Cooling | Central Air, Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Wood Siding, Wood Frame, Painted |
School Information
| District | Phoenix Union High School District |
|---|---|
| Elementary | Garfield School |
| Middle | Garfield School |
| High | North High School |
Additional Information
| Zoning | Multiple Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | AH Properties |
|---|