2627 N 7TH Street

Phoenix, AZ 85006
  • $799,000
  • STATUS: Active
  • ON SITE: 642 days
  • MLS #: 5710423
UPDATED: 30 min ago
$799,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,558
    SQFT
  • $225
    $/SQFT
Type:
Commercial
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.

Monthly Payment Calculator



© 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 2019-10-23T21:11:03.757.
www.thejesseherfelgroup.com/homes/80059061

2627 N 7TH Street Phoenix, AZ 85006

  • Price: $799,000
  • Status: Active
  • Updated: 30 min ago
  • MLS #: 5710423
0
Beds
0
Baths
0
½ Baths
0.4
Acres
3,558
SQFT
$225
$/SQFT
1951
Built
Neighborhood:
Country Club Park Blk 3-10
County:
Maricopa
Area:
Phoenix
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 Wood/FrameStucco Covered Parking Spaces 8.00 Exterior Features Other (See Remarks) Fencing BlockOther (See Remarks) Parking FencedOther (See Remarks) Roofing Other (See Remarks) Stories 1 Story Total Parking Spaces 12.00 Uncovered Parking Spaces 4.00

Interior Features

Ceiling Height 8 Feet Or Less Cooling Other (See Remarks) Flooring Other (See Remarks) Heating Other (See Remarks) Interior Features Other (See Remarks)

Property Features

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 Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type CommercialOther (See Remarks)Office Cross Street 7th Street & Mcdowell Current Use Other (See Remarks) Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 2 Net Operating Income 0.00 Operating Exp 8292.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Taxes 8292.00 Traffic Count 15001 To 25000Other (See Remarks) Vacancy Allowance 0.00 Water City Franchise Zoning R-4

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 2019-10-23T21:11:03.757.
 
Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group
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