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1417-1421 E Roosevelt St
Phoenix, AZ 85006
Roosevelt Garfield Apartments · Multifamily Property For Sale
·
8 Units
EXECUTIVE SUMMARY
This 8-unit garden-style property, built in 1983, offers a mix of (4) one-bedroom, one-bath units and (4) two-bedroom, one-bath units, each featuring a private backyard patio. With a light value-add opportunity through interior and exterior renovations, the property presents strong potential for appreciation. Individually metered for electricity, it ensures efficient utility management. Ideally situated in the sought-after Garfield Historic District, residents enjoy close proximity to Downtown Phoenix's vibrant dining and entertainment scene. Additionally, the property is less than a 10-minute drive from Phoenix Sky Harbor International Airport, making it a highly desirable investment opportunity.
PROPERTY FACTS
| Price Per Unit | $294,016 CAD | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 4,448 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1982/2017 |
| Apartment Style | Low-Rise | Parking Ratio | 2.02/1,000 SF |
| Building Class | C | ||
| Zoning | R-5 - Multiple Family Residence | ||
| Price Per Unit | $294,016 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 4,448 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1982/2017 |
| Parking Ratio | 2.02/1,000 SF |
| Zoning | R-5 - Multiple Family Residence |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,466 CAD | 442 |
| 2+1 | 4 | $1,815 CAD | 670 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $26,824 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$26,824 CAD
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