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Janice Schaaf

janice.schaaf@engelvoelkers.com +1(650) 208-1548

$ 662,500

Est. payment -/mo

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2616 W PIERSON Street Phoenix, AZ 85017

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Altro Terrace

MLS Listing ID 7039046

Maintenance Fees $4,800

Year Built 1971

Annual Tax Amount $1,990

Tax Year 2025

Lot Dimensions Irr

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Exceptional investment opportunity featuring six units plus a single-family residence eligible for residential financing. Property must be sold with the adjacent triplex (MLS #7039047), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

Location

State AZ

County Maricopa

Community Altro Terrace

Area Maricopa

Zoning [R-3] Multiple

Direction Exit Camelback Rd from I17 and turn west. Turn south on 27th Ave. Turn East on W. Pierson St.

Interior

Heating Electric

Cooling Ceiling Fan(s), Electric

Flooring Carpet

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer

Exterior

Exterior Feature Sidewalk(s)

Parking Features Other, Paved, Add'l Parking Avail, 1 Space/Unit, On Street

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Alma Elementary School

Middle Schools Alhambra Traditional School

High Schools Alhambra High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 154-04-015

Acceptable Financing Conventional, 1031 Exchange

Disclosures None, Seller Prop Disc Stm

Listing Terms Conventional, 1031 Exchange

Listed by West USA Realty • Michael P Weinstein

NEARBY SCHOOLS & PROPERTIES

Janice Schaaf

Global Real Estate Advisor ~ Realtor | License ID: NV 185416 | CA 01768524

+1(650) 208-1548

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