Properties
Phoenix, AZ 85006 712 E PIERCE Street
$1,050,000
34 more
Presented By: ABI Multifamily; 602-714-1400
Home Details
This five-unit historic garden-style property includes three buildings on one parcel, built in 1931. The unit mix suits both long- and short-term rentals, featuring one two-story 2-bed/2-bath unit, two 2-bed/1-bath units, and two 1-bed/1-bath units. Each fully furnished unit has a proven track record as a short- and mid-term rental. Interiors are lightly updated with wood and tile flooring, refreshed kitchens, and bathrooms. On-site amenities include a community laundry room, dedicated parking, and private patios for select units. Individually metered for electricity, the property offers tenant convenience and expense control. Located in the Garfield Historic District, just blocks from Roosevelt Row, ASU Downtown, Chase Field, and Footprint Center.
Presented By: ABI Multifamily; 602-714-1400
Interior Features for 712 E PIERCE Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCarpet, Ceramic Tile, Vinyl, Wood
Heating Y/NYes
General for 712 E PIERCE Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.85
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Stucco
CoolingCentral Air, Window/Wall Unit, Electric
CountyMaricopa
DisclosuresNone
ElectricAPS
Elementary School DistrictPhoenix Elementary District
Garage Y/NNo
Gross Income78154.41
HeatingCentral, Electric
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income61399.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total5
Open Parking Spaces5.0
Operating Expense1880.0
OwnerPaysGas, Electricity, Trash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofTile, Foam
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCHURCHILL ANNEX
Tax Annual Amount1880.0
Tax Lot5
Tax Year2025
Township1N
Year Built1931
ZoningR-5
Exterior for 712 E PIERCE Street
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions8, 985
Number of Buildings3
Parking Features1 Space/Unit, On Street
Road Surface TypeConcrete
SpaNo
Total Parking5.0
Water SourceCity Franchise
Additional Details
Price History
