$1,265,000
$1,260,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/21/2025
Key Details
Sold Price $1,265,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mt Pleasant Tract Blocks 2-5
MLS Listing ID 6812277
Sold Date 03/21/25
Maintenance Fees $1,600
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2006
Annual Tax Amount $2,632
Tax Year 2024
Lot Dimensions 6,875 sqft
Property Description
1021 E Pierce St is a 4-unit, garden-style property, built in 2006. The property offers an excellent investment opportunity in the sought-after Garfield Historic District. Each unit features 3 bedrooms, 2 bathrooms, and 950 square feet of living space. The property includes washer & dryer hookups in every unit and is individually metered for electricity. Residents also enjoy a landscaped community yard and an on-site parking lot. With value-add potential through continued interior and exterior renovations, the property is also extremely well located within walking distance of Arizona State University's Downtown Campus, Chase Field, and the vibrant dining and entertainment scene of Downtown Phoenix.
Location
State AZ
County Maricopa
Community Mt Pleasant Tract Blocks 2-5
Zoning R-3
Interior
Heating Individual, Electric
Cooling Electric, Individual
Flooring Vinyl
Appliance Built-In Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
Exterior
Parking Features Paved, 1 Space/Unit
Community Features No Pool
Roof Type Tile
Total Parking Spaces 6
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-27-111
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing VA
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