$507,750
$599,999
15.4%For more information regarding the value of a property, please contact us for a free consultation.
1318 W MONROE Street Phoenix, AZ 85007
Key Details
Sold Price $507,750
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Woodland Place
MLS Listing ID 6773547
Sold Date 12/27/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1914
Annual Tax Amount $1,157
Tax Year 2024
Lot Dimensions 50 x 125 approximately
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
Location
State AZ
County Maricopa
Community Woodland Place
Zoning R5
Interior
Heating Electric
Cooling 2 or More Units, Central A/C, Heat Pump, Electric, Wall/Window Unit(s)
Flooring Vinyl
Appliance BI Oven/Range, F/S Oven/Range, Washer/Dryer
Exterior
Parking Features None, Street Parking
Community Features No Pool
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 112-03-066
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Non-MLS Office