2627 N 7TH Street

Phoenix, AZ 85006
  • $799,000
  • STATUS: Active
  • ON SITE: 714 days
  • MLS #: 5684732
UPDATED: 56 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1951
County:
Area:

School Ratings & Info

Description

In the Opportunity Zone! Incredible opportunity to purchase a fully operating short term/nightly stay facility with many other possible uses. The property lends itself to a possible assisted living, rehab center or a group home facility. The current owners use part of the property for personal office and storage. To make additional income, they rent out bedrooms with common area bathrooms and bedrooms on a short term basis. Someone could continue running it this way, and possibly convert the two offices to bedrooms and make them part of the rental mix. The property sets up well for a rehab center or possibly an assisting living facility. It could also be an office or a variety of other uses.

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© 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2019-10-23T22:11:06.827.
www.thejesseherfelgroup.com/homes/78587350

2627 N 7TH Street Phoenix, AZ 85006

  • Price: $799,000
  • Status: Active
  • Updated: 56 min ago
  • MLS #: 5684732
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1951
Built
Neighborhood:
Country Club Park Blk 3-10
County:
Maricopa
Area:
Phoenix
School District:
001 - Phoenix Elementary District
Property Description
In the Opportunity Zone! Incredible opportunity to purchase a fully operating short term/nightly stay facility with many other possible uses. The property lends itself to a possible assisted living, rehab center or a group home facility. The current owners use part of the property for personal office and storage. To make additional income, they rent out bedrooms with common area bathrooms and bedrooms on a short term basis. Someone could continue running it this way, and possibly convert the two offices to bedrooms and make them part of the rental mix. The property sets up well for a rehab center or possibly an assisting living facility. It could also be an office or a variety of other uses.
Exterior Features

Construction Other (See Remarks) Construction Finish PaintedStuccoBrick Trim/Veneer Covered Parking Spaces 8.00 Exterior Amenities Other (See Remarks) Lot Size Dimensions 123 X 140 Parking FreeOther (See Remarks)Paved ParkingCarport Roads Asphalt/Blacktop Roofing All Tile Total Parking Spaces 12.00

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling Other (See Remarks) Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other (See Remarks) Heating Other (See Remarks) Interior Amenities Other (See Remarks)

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities Manager Res/OfficeCommunity ShowersOther (See Remarks) Cross Street 7th Street And Thomas Efficiency Unit Avg Rent 0.00 Efficiency Units 10 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing 1031 ExchangeOther (See Remarks)Seller May Carry Operating Exp 8292.00 Other Income 0.00 Other Type Other (See Remarks) Owner Pays WaterSewerElectricGasTrashCable TvLandscaping Project Type Other (See Remarks) Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 8292.00 Tenant Pays None Vacancy Allowance 0.00 Water Other (See Remarks) Zoning R5

Listing courtesy of Abi Multifamily.


© 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2019-10-23T22:11:06.827.
 
Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group
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