1318 W Monroe St, Phoenix, AZ 85007
$599,999
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Home 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.
- MLS #: 6773552
- Address: 1318 W Monroe St
- City: Phoenix
- Zip Code: 85007
- County: Maricopa
- Community Features: Coin-Op Laundry,Historic District
- Pool: None
- Spa: None
- Garage Spaces: 0.00
- Interior: 3/4 Bath Master Bdrm,Eat-in Kitchen,High Speed Internet,Master Downstairs,Upstairs
- Full Baths: 3
- Partial Baths: 0
- Fireplace: None
- Flooring: Vinyl
- Other Rooms: Guest Qtrs-Sep Entrn
Available now at $599,999
- Exterior: Covered Patio(s),Storage
- Construction: Block,Brick Veneer,Painted,Stucco
- Architecture: Ranch
- Lot: Alley,Desert Back,Desert Front
- Lot Sq Ft: 6250
- Water: City Water
- Tax Municipality: Phoenix
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School Information
- District:Phoenix Union High School District (High School), Phoenix Elementary District (Elementary)
- Elementary:Phoenix Prep Academy
- Junior High:Phoenix Prep Academy
- High School:Trevor Browne High School
Financial
- Approx Payment:$2,919*
- Taxes:$1,157
Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(619) 253-6721 and speak with one of our real estate consultants.
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Listing Courtesy of Jason Mitchell Real Estate.
For information or to schedule a viewing of this property (MLS# 6773552), call: 619 253 6721
1318 W Monroe St, Phoenix AZ is a condo of 2198 sqft and
is currently priced at $599,999
.
This condo has 3 bedrooms.
In addition to condos, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Phoenix, AZ.
Encanto Heights, Walker and Homestead are nearby neighborhoods.
MLS 6773552 has been posted on this site since 10/21/2024 (today).