3
  • Property Type
  • SFR/House
  • 3
  • Bedrooms
  • 1.75
  • Bathrooms
  • 1,751 sq ft
  • Area Size
  • 1958
  • Year Built
Tenant-In-Place Sale
  • $110,000

Description

This Phoenix rental property was part of a long-term investment portfolio. With equity built and tenant management becoming more burdensome, the owner chose to recapitalize and redirect funds into new opportunities.

The primary goal was to sell without disturbing the tenant or taking on repair expenses. A structured as-is agreement was executed with flexible terms allowing the tenant to remain in place through the remainder of the lease.

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Property Address

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  • Street Address: 5506 W Pierson St
  • City: Phoenix
  • State: Arizona
  • Zip Code: 85031

Property Details

  • Property ID HS-HS-20639
  • Purchase Price $110,000
  • Property Size 1,751 sq ft
  • Land Area 9,448 sq ft
  • Bedrooms 3
  • Bathrooms 1.75
  • Year Built 1958
  • Property Type SFR/House
  • Property Status SOLD
  • Septic or Sewer? Sewer

Additional Details

  • Occupancy Tenant -Occupied
  • Condition Rehab/Fixer-Upper
  • Garage Slab Parking Space 1

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