orpheum-601-interior-1Things are heating up in the Downtown Phoenix real estate market.  This is especially true when it comes to Bank Owned properties.  Buyers are coming back into the market to take advantage of the good deals.  Actually, so much so, that many properties are attracting “multiple offers”.  If you are in a position to buy, don’t wait for the market to hit bottom, because in some segments of the market, I believe we have hit bottom.

This very cool, Orpheum loft unit is being offered at a price that we have never seen before, maybe even lower than the units sold for new in this building 3 or 4 years ago.  This unit features polished concrete and slate flooring, exposed brick walls, exposed ac duct work and some industrial finishes added by the previous owner.

orpheum-ext-1Priced at $125,000

For more information about this unit or any Downtown Phoenix real estate, Contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or lyle@urbanconnectionrealty.com

Listing is courtesy of US Investment Realty, LLC