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Michigan Avenue Homes 2051 E Michigan Ave 2 Unit Apartment Building $970,000 ($485,000/Unit) Phoenix, AZ 85022



Executive Summary
2 Buildings at 2051 E. Michigan Ave, 2 Buildings at 2045 E. Michigan Ave and 2 Buildings at 2041 E Michigan Ave,
Can sell 2, 4 or all 6.
These are single family homes being marketed for sale individually for $489,000 each.
A rental rate of $2750/mo for each unit is a conservative rental rate, but would list them for higher to start.
Electric and Water can be passed through to tenants, all sep metered.
Can sell 2, 4 or all 6.
These are single family homes being marketed for sale individually for $489,000 each.
A rental rate of $2750/mo for each unit is a conservative rental rate, but would list them for higher to start.
Electric and Water can be passed through to tenants, all sep metered.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2 | $2,700 | 1,600 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 214-71-154 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,055 |
Property Taxes
Parcel Number
214-71-154
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,055
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Michigan Avenue Homes | 2051 E Michigan Ave
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