2002 West JEFFERSON Street Phoenix, AZ 85009

$539,000
$539,000
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Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents.Current Gross Income: $76,560 ($6,380/Mo)Cap Rate: 11+%2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades.2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.

Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents.Current Gross Income: $76,560 ($6,380/Mo)Cap Rate: 11+%2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades.2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.

  • Neighborhood
  • Type
  • County
    Maricopa
  • Area
    Phoenix
  • Tax Amount
    $906
  • Status
    Active
  • Listing #
    7039118
  • Built
    1935
  • Listed on site
    4 days

Listed by:
Compass

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool
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