Phoenix, AZ 85034,1217 E HESS Avenue
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Phoenix, AZ 85034,1217 E HESS Avenue
Phoenix, AZ 85034,1217 E HESS Avenue
Phoenix, AZ 85034,1217 E HESS Avenue
Phoenix, AZ 85034,1217 E HESS Avenue
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$ 525,000
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1217 E HESS Avenue Phoenix, AZ 85034


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Hilton Place

MLS Listing ID 6880768

Maintenance Fees $1,500

Year Built 1946

Annual Tax Amount $681

Tax Year 2024

Lot Dimensions 6900

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

1217 E Hess Ave offers an exceptional investment opportunity with an assumable FHA loan at 5.25%. This property is minutes from Downtown Phoenix, Sky Harbor Airport, and major freeways (I-10, Loop 202). The property is surrounded by major employment hubs including ASU's Downtown campus, Phoenix Biomedical Campus, Maricopa County and City of Phoenix government centers, and top corporate employers like Freeport-McMoRan, Honeywell, Wells Fargo, Chase, and APS. Ongoing redevelopment in the Warehouse District and Central City neighborhoods is fueling rental demand from young professionals, students, and healthcare workers. With excellent access to transit, entertainment, and a strong, diverse job market, this property is well-positioned
for steady cash flow and long-term appreciation.

Location

State AZ

County Maricopa

Community Hilton Place

Zoning R-3

Direction Head south on 12th street then turn left on East Hess Ave

Interior

Heating Electric

Cooling Electric

Flooring Vinyl

Appliance Refrigerator, Built-In Gas Oven, Washer/Dryer

Exterior

Parking Features 1 Space/Unit, On Street

Community Features No Pool

Roof Type Composition

Total Parking Spaces 5

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 115-37-078-B

Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms No Carry, Conventional, 1031 Exchange, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by Compass
agent

Nick Calamia

REALTOR | BRSA685761000

+1(631) 617-9743

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1217 E HESS Avenue