1318 W Monroe Street, Phoenix, AZ 85007

$507,750

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Sold Price
$507,750
List Price
$599,999
Closing Date
Dec 27, 2024
Days on Market
66
Status
CLOSED
MLS#
6773547
City
Phoenix
Subdivision
Woodland Place
Year Built
1914

Property Description

Amazing opportunity for an investor. 3 dwellings, 2 of which have month to month leases and one with a lease terming soon. The main house has two 2/1 units, the unit in back is a 1/1. The unit shown is the mirror to the other half of the duplex. The third unit is on the back of the property. Easy to rent, awesome historic downtown Phoenix location. Reach out for details on how you can make this wise investment happen for you. Unit 1 has a lease that expires June 30th of 2025. The other two are month to month. (Additional Listing Info) *Monthly Rental income: $4050

Additional Information

School District
Phoenix Union High School District
Community Features
No Pool
Construction
Painted, Stucco, Brick
Cooling
Central Air, Window/Wall Unit, Electric, Heat Pump, 2 or More Units
Electric
APS, Individual Meter
Flooring
Vinyl
Heating
Electric
New Financing
Conventional, 1031 Exchange, FHA, VA Loan
Parking Features
None, On Street
Roofing
Composition
Sewer
Public Sewer
Subdivision
Woodland Place
Taxes
$1,157
Tax Year
2024
Units
3
Water
City Franchise
Zoning
R5

Courtesy of Jason Mitchell Real Estate. 480-522-1030 Selling Office: Non-MLS Office.

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