1945 W Van Buren St

Phoenix, AZ 85009
  • $1,249,900

    Price
  • 0

    Bed
  • 1

    Bath
  • 0

    SqFt

About the Listing jmrl01 - jm898

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!

Listing Highlights for 1945 W Van Buren St

Status Active
Days on Site 337
Property Type Multi-Family
MLS ® 6785949
Year Built 1952
Total Square Footage 0
Lot/Acreage N/A
County Maricopa
Neighborhood Capitol Addition
School District Phoenix Elementary District

Interior Details

  • Bedrooms: 0
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor: Vinyl,Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Tile
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,On Street

Financial Details

  • Tax Amount: $6,034
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 109-31-103-A
  • Tax Year: 2024

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1945 W Van Buren St Phoenix, AZ 85009

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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