1318 W Monroe Street Phoenix, AZ 85007

3 Beds
3 Baths
2,198 Sqft
6,250 Sqft lot
0.14 Acre lot
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$599,999 Est. $2,209 / mo.*
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Status: Active
Property Type: Twin Home
Year Built: 1914
Neighborhood: Woodland Place
Days on Website: 34

Courtesy of Jason Mitchell Real Estate {attribution_contact}

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: 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.

Open House

Property Details and Features

  • 3 total decimal bathrooms
  • 3 total bathrooms
  • 3 total bedrooms
  • Built in 1914
  • Architectural style: "Ranch"
  • Living area: 2198
  • Construction materials: "Brick Veneer", "Painted", "Stucco", "Block"
  • Other structures: "Guest House"
  • "Refrigeration"
  • "Wall/Window Unit(s)"
  • "Covered Patio(s)"
  • "Storage"
  • "Chain Link"
  • "None"
  • "Vinyl"
  • "Natural Gas"
  • Association fee includes: "Electricity", "Cable TV", "Roof Replacement"
  • "Master Downstairs"
  • "Upstairs"
  • "Eat-in Kitchen"
  • "3/4 Bath Master Bdrm"
  • "High Speed Internet"
  • Listing ID: 6773552
  • Standard status: Active
  • 37 days on market
  • Subdivision name: WOODLAND PLACE
  • 0.14 acres
  • 6,250 sqft
  • "Alley"
  • "Desert Back"
  • "Desert Front"
  • "None"
  • "By Agreement"
  • "Close Of Escrow"
  • "Composition"
  • Elementary school: Phoenix Prep Academy
  • High school: Trevor Browne High School
  • High school district: Phoenix Union High School District
  • "Public Sewer"
  • Annual amount: $1,157
  • Lot: 20

Location

$599,999 - 1318 W Monroe Street, Phoenix, AZ 85007
1318 W Monroe Street Phoenix, AZ 85007
Subdivision name: WOODLAND PLACE

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This content last updated on November 24, 2024 1:05PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.