Listing Courtesy of: Somone Wilder - Jason Mitchell Real Estate
480-522-1030
$599,999
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1318 W MONROE Street Phoenix, AZ 85007
Single Family
Residence
3
Beds
3
Baths
2,198
Sq. Ft.
0.14
Acre
Lot
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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: Listed as $3950, or $4050, depending on what you consider to be the unit 3 rent based on this passage of the lease. *Construction: the building is mostly stucco over brick. The only exterior frame is on the upper half of the back wall, where a sleeping porch was enclosed at some point in history. *Floors - The units have a mix of historic hardwood and vinyl plank *Cooling: The front units do have a central AC & heat pump (which are less than three years old and under warranty). The back bedrooms also have window units as well, but the primary AC is central cooling.
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MLS#
6773552
Property Type
Single Family
Bedrooms
3
Bathrooms
Year Built
1914
Square Feet
2,198
sq. ft
Lot Size
0.14
Sewer
No Sewer, Public Sewer
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