About 108 S 22nd Avenue
Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.
Features of 108 S 22nd Avenue
| MLS® # | 7079408 |
|---|---|
| Price | $220,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Year Built | 1921 |
| Type | Multiple Dwellings |
| Status | Active Under Contract |
Community Information
| Address | 108 S 22nd Avenue |
|---|---|
| Subdivision | CAPITOL ADDITION |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85009 |
Amenities
| Amenities / Community Features | No Pool |
|---|---|
| Parking | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | None |
|---|---|
| Heating | Forced Air |
| Cooling | Heat Pump |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick Veneer, Wood Frame, Brick |
School Information
| District | Phoenix Union High School District |
|---|---|
| Elementary | Mary Mcleod Bethune School |
| Middle | Mary Mcleod Bethune School |
| High | Metro Tech High School |
Additional Information
| Zoning | R-5 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Russ Lyon Sotheby's International Realty |
|---|