1514 W Sherman St - Dormitory FOR SALE


Phoenix, AZ 85007
$315,000 USD
602-319-1326
1514 W Sherman St, Phoenix, AZ for Sale
$315,000 USD
Dormitory - FOR SALE
1/13
null | Request Cap Rate

1514 W Sherman St
Phoenix, AZ 85007


OVERVIEW

Located near Downtown Phoenix, 1514 W Sherman St presents a prime value-add opportunity for investors. This multifamily property includes a total of three units: a front duplex with two 1-bedroom, 1-bathroom units, and a singlefamily residence at the rear featuring a 2-bedroom, 1-bathroom layout. The property is conveniently situated near Phoenix Memorial Hospital and is just under two miles from the heart of Downtown Phoenix.

FOR SALE DETAILS

PRICE

$315,000 USD

PRICE/SF

$375 USD /SF

# OF UNITS

3

PRICE/UNIT

$105,000

CAP RATE

Request Cap Rate

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,078 SF

ZONING

R-3

APN/PARCEL ID

112-10-050

ASK ABOUT THIS PROPERTY

Beth Jo ZeitzerR.O.I. PropertiesMore Info
602-319-1326

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Beth Jo ZeitzerR.O.I. PropertiesMore Info
602-319-1326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.