x
Seller Financing
Address
2627 N 7Th Street Phoenix, AZ
Price
$ 850,000
Property Attributes
  • MLS#5684732
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCountry Club Park Blk 3-10
  • Zip85006
  • Style
  • Year Built1951
  • Taxes8292
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
ABI Multifamily
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.

Price History
12/17/2018 Listed $999,000
7/19/2019 15% - $850,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Other (See Remarks)
Features Manager Res/Office, Community Showers, Other (See Remarks)
Listing Status Active
Map Code/Grid P34
Net Income 0.00
New Financing 1031 Exchange, Other (See Remarks), Seller May Carry
Owner Pays Water, Sewer, Electric, Gas, Trash, Cable TV, Landscaping
Property Type F
Public Remarks 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
School District 001 - Phoenix Elementary District
Subdivision COUNTRY CLUB PARK BLK 3-10
Tenant Pays None
Year Built 1951
Zoning R5

Interior Features

Appliances Included Other (See Remarks)
Cooling Other (See Remarks)
Electric Other (See Remarks)
Floors Other (See Remarks)
Gas Other (See Remarks)
Heating Other (See Remarks)
Interior Features Other (See Remarks)
Total Number of Units 10.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted, Stucco, Brick Trim/Veneer
Covered Parking Spcs 8.00
Exterior Features Other (See Remarks)
Lot Size Dimensions 123 x 140
Parking Free, Other (See Remarks), Paved Parking, Carport
Roof All Tile
Sewer Sewer - Public
Total Parking Spcs 12.00
Water Other (See Remarks)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85006

Price
AVG $560K
$850K
Taxes
AVG $2,063
$8,292
Visits
AVG 193
478
Year Built
AVG 1949
1951
Walkscore
AVG 76
75
Data Provided by Walkscore ® not using MLS data

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