$599,999
1318 W Monroe St, Phoenix, AZ 85007
- 3Beds
- 3Baths
- 2198SqFt
- 3Beds
- 3Baths
- 2198SqFt
- Property TypeTownhouse
- Year Built1914
- Price per Sqft$273
- On highrises32 Days
Property Details
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.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms Possible: 3
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Somone Wilder
- state license#BR674491000
- Brokered by:
- Jason Mitchell Real Estate
- (480) 470-1993