$593,000
$899,999
34.1%For more information regarding the value of a property, please contact us for a free consultation.
1305 W MONROE Street Phoenix, AZ 85007
Key Details
Sold Price $593,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Woodland Place
MLS Listing ID 6430382
Sold Date 10/21/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1926
Annual Tax Amount $2,422
Tax Year 2021
Lot Dimensions 125.47 x 49.95
Property Description
**One-of-a-kind fourplex in Woodland Historic District!** The front home is single-level and includes two units; both two bedroom / one bathroom. The back stacked home includes two units; both one bedroom / one bathroom. All four residences are unique in layout and style, and each feature various updates while maintaining the integrity of their distinctive historic presence. Unit A & B are both currently occupied by long-term tenants, and Unit D & E are vacant and ready for move-in. Unit C is a shared laundry. Additional 1100sf space above front home which could potentially be converted into a 5th unit! Huge potential for rental income increase; see private remarks for full details on improvements as well as income opportunity! **Two units available to view, and Matterport for all four.**
Location
State AZ
County Maricopa
Community Woodland Place
Zoning R-5
Direction South on 15th Ave from Van Buren, East on Monroe, property is on your right just before 13th Ave.
Interior
Flooring Wood, Concrete
Appliance FS OvenRange, Microwave, WasherDryer
Exterior
Garage Street Parking
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type Street Parking
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 112-03-073
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing FHA
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Bought with Brokers Hub Realty, LLC