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33187770
33188218

2 Locations For Sale

CS
AZ BR650365000
SJ Fowler Real Estate
Listed by SJ Fowler Real Estate
$999,000
50 days on market
Updated 4 days ago
Opportunity zone

746 W COOLIDGE ST PHOENIX AZ 85013

Details
APN 155-37-023
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 4,000
Net Rentable (SqFt) 4,000
Units 4
Cap Rate 6.20%
Occupancy 75%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 6.19%
Pro-Forma NOI $61,824
Price per SqFt $250
Broker Co-Op True
Class C
Year Built 1949
Year Renovated 2026
Buildings 3
Stories 1
Lot Size (SqFt) 17,557
Zoning R-3
Investment Type Value Add
Ownership Fee Simple

Rare Uptown Phoenix 4plex+ compound

Marketing description

Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R). 17557 sf lot (R3, runs f/ street-to-street). BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. 4 big storage units. Many recent upgrades. Potential to add density or split into two lots (no historic district). Prime location! .5 m to Melrose District; .8 m to Brophy High School; 1.1 m to Uptown Plaza; & 3+ m to Biltmore.+/- 6.2 cap w/ very high long-term upside. Under $250/sf. Many possibilities. Sold as-is. DND tenants. Unique place!

Investment highlights

  • 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R).
  • BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. Potential to add density or split into two lots (no historic district).
  • +/- 6.2 cap w/ very high long-term upside.

Listing Contacts

CS
AZ BR650365000
SJ Fowler Real Estate
Listed by SJ Fowler Real Estate

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Additional Information

Name
Cass Stephens
License
BR650365000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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