Still affordable in downtown Phoenix! AIM is pleased to offer this downtown diamond in the rough. The astute value-add investor has plenty of upside here. Rents are $200-$300 below their potential. Unlock that upside with interior upgrades, new ACs, and a facelift. Residents enjoy the proximity to downtown and all it has to offer. Government offices are literally one block away. Within walking distance is the Grand Avenue arts district with its galleries, coffee houses, and restaurants. This central Phoenix location is hot, with renovation and redevelopment all around! 100% occupied, there are three 1-bed units and one 2-bed unit. Select units have washer/dryer hookups. The owner pays water/sewer/trash; tenants pay electric and gas. Residents enjoy a common courtyard area.
Listing courtesy of Arizona Investment & Mgt, LLC. Selling Office: Tirone & Associates.
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