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605 W Pierson St
Phoenix, AZ 85013
Pierson · Multifamily Property For Sale
·
13 Units
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 10,403 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1958/2016 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Zoning | R-4, Phoenix | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 10,403 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1958/2016 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R-4, Phoenix |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Storage Space
ABOUT 605 W PIERSON ST , PHOENIX, AZ 85013
Luxe Investment Team is please to announce The Pierson Place Apartments. A fully re-positioned property with an incredible unit mix. Located in an amazing neighbor of Melrose District. Downtown Phoenix where you are walking distance to the light rail but also in a residential neighborhood. Property is super clean and all major capital improvements done in 2016. All new flooring kitchen and bath, sewer lines plumbing, widows, paint, and more! This property features (4 ) three bedroom 2 baths (4) two bedrooms one baths (4) one bedroom one bath units. (1) studio unit. All units have covered parking and beautiful remodeling and washer in dryers inside the units. Separately meter for electric. Rents have not been raised since 2016 . Upside in rents.This property are located just south of Camelback Road and within the City’s central corridor. This high-demand area is being redeveloped and is just two blocks from the Light Rail Station at 7th Avenue and Camelback. The property is block constructed with a central, private courtyard. Rents for a three bedroom should be at 1,399 and two bedrooms at 1200-1,250 and the one's 1,000-1,150. Current rents are at 800-1275 All facts and figures are approximate buyer verify MLS info. Drive by only tenant's unaware of sale.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,000 | 550 |
| 2+1 | 4 | $1,188 | 802 |
| 3+2 | 4 | $1,325 | 998 |
| Studios | 1 | $875.00 | 400 |
PROPERTY TAXES
| Parcel Number | 155-35-003B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $70,876 |
PROPERTY TAXES
