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1514 W Sherman St

3 Unit Dormitory $443,016 CAD ($147,672 CAD/Unit) Phoenix, AZ 85007

Executive Summary

Located near Downtown Phoenix, 1514 W Sherman St presents a prime value-add opportunity for investors. This multifamily property includes a total of three units: a front duplex with two 1-bedroom, 1-bathroom units, and a singlefamily residence at the rear featuring a 2-bedroom, 1-bathroom layout. The property is conveniently situated near Phoenix Memorial Hospital and is just under two miles from the heart of Downtown Phoenix.

Property Facts

Price $443,016 CAD
Price Per Unit $147,672 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 840 SF
Average Occupancy 33%
No. Stories 1
Year Built 1946
Parking Ratio 2.05/1,000 SF

Unit Amenities

  • Refrigerator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -

zoning

Zoning Code R-3 (Multifamily Residential)
R-3 (Multifamily Residential)
  • Listing ID: 33434610

  • Date on Market: 2024-10-07

  • Last Updated:

  • Address: 1514 W Sherman St, Phoenix, AZ 85007

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