Phoenix, AZ 85009,1945 W VAN BUREN Street
Phoenix, AZ 85009,1945 W VAN BUREN Street
Phoenix, AZ 85009,1945 W VAN BUREN Street
Phoenix, AZ 85009,1945 W VAN BUREN Street
Phoenix, AZ 85009,1945 W VAN BUREN Street
Phoenix, AZ 85009,1945 W VAN BUREN Street
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$ 1,149,000
Est. payment | /mo

$ 1,149,000
Est. payment | /mo

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Capitol Addition

MLS Listing ID 6785949

Year Built 1952

Annual Tax Amount $6,034

Tax Year 2024

Lot Dimensions 91 x 161

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential:
To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset.
Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

Location

State AZ

County Maricopa

Community Capitol Addition

Area Maricopa

Zoning C3

Direction West on Van Buren to the property on the SEC of 20th and Van Buren

Interior

Heating Other

Cooling Other

Flooring Concrete

Appliance None

Exterior

Parking Features Paved, On Street

Community Features No Pool

Roof Type Tile

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 109-31-103-A

Acceptable Financing Other (See Remarks), No Carry

Disclosures None

Listing Terms Other (See Remarks), No Carry

Virtual Tour https://home.quickpictours.com/videos/019345bf-4620-70e1-83ea-cd142618e830

Arizona Regional MLS (ARMLS)
Listed by JM Realty

Nearby School & Business

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Vista del Sur Traditional School

    Public | PK - 8

  • 10

    Alhambra Traditional School

    Public | KG - 8

  • 10

    Arizona School for the Arts

    Public | 5 - 12

  • 10

    Faith North Elementary School

    Public | PK - 8

  • 10

    Madison Traditional Academy

    Public | KG - 8

  • 9

    All Aboard Charter School

    Public | KG - 5

  • 8

    Madison Meadows School

    Public | 5 - 8

  • 8

    Madison Rose Lane School

    Public | PK - 5

  • 8

    Madison Heights Elementary School

    Public | PK - 5

  • 8

    Villa Montessori - Phoenix Campus

    Public | KG - 8

  • 7

    Amerischools Academy - Camelback

    Public | KG - 12

  • 6

    Rogers Ranch School

    Public | KG - 8

  • 6

    Bennett Academy

    Public | KG - 8

  • 6

    Eagle College Preparatory

    Public | KG - 6

  • 6

    Magnet Traditional School

    Public | KG - 8

  • 6

    Sunland Elementary School

    Public | KG - 8

  • 6

    Great Hearts Academies - Teleos Preparatory

    Public | KG - 12

  • 6

    Madison #1 Elementary School

    Public | 5 - 8

  • 6

    Desert Marigold School

    Public | KG - 12

  • 5

    John F. Long

    Public | KG - 5

Middle Schools 14
  • 7

    Metropolitan Arts Institute

    Public | 7 - 12

  • 5

    Marc T. Atkinson Middle School

    Public | 6 - 8

  • 5

    Osborn Middle School

    Public | 7 - 8

  • 5

    Nfl Yet College Preparatory Academy

    Public | 7 - 12

  • 4

    Imagine Camelback Middle School

    Public | 6 - 8

  • 2

    Isaac Middle School

    Public | 6 - 8

  • 2

    Morris K. Udall Escuela de Bellas Artes

    Public | 6 - 8

  • 1

    Rcb Medical Arts Academy

    Public | 7 - 12

  • 1

    South Pointe Junior High School

    Public | 6 - 8

  • 1

    The Learning Institute

    Public | 7 - 12

  • 1

    George Gervin Preparatory Academy

    Public | 6 - 8

  • 0

    Brophy College Preparatory

    Private | 6 - 12

  • 0

    Arizona Insight Academy

    Public | 7 - 12

  • 0

    Youth Development Institute School

    Private | 7 - 12

High Schools 20
  • 10

    Phoenix Union Bioscience High School

    Public | 9 - 12

  • 8

    Franklin Police and Fire High School

    Public | 9 - 12

  • 7

    Washington High School

    Public | 9 - 12

  • 7

    Metro Tech High School

    Public | 9 - 12

  • 7

    Phoenix College Preparatory Academy

    Public | 9 - 12

  • 7

    Aaec - Smcc Campus

    Public | 9 - 12

  • 6

    Asu Preparatory Academy- Phoenix High School

    Public | 9 - 11

  • 5

    Girls Leadership Academy of Arizona

    Public | 9 - 12

  • 5

    North High School

    Public | 9 - 12

  • 4

    Maryvale High School

    Public | 9 - 12

  • 4

    Betty Fairfax High School

    Public | 9 - 12

  • 4

    Cesar Chavez High School

    Public | 9 - 12

  • 4

    Alhambra High School

    Public | 9 - 12

  • 4

    Glenview College Preparatory High School

    Public | 9 - 12

  • 4

    Carl Hayden High School

    Public | 9 - 12

  • 4

    Central High School

    Public | 9 - 12

  • 4

    Phoenix Collegiate Academy High School

    Public | 9 - 12

  • 3

    Camelback High School

    Public | 9 - 12

  • 2

    Kaizen Education Foundation Dba Maya High School

    Public | 9 - 12

  • 2

    Arizona Collegiate High School

    Public | 9 - 12

School and business data provided by Attom Data.

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