Address
1525 E Monroe Street Phoenix, AZ
Price
$ 450,000
Property Attributes
  • MLS#6315717
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCollins Addition Phoenix Blocks 23-26 17 & 27
  • Zip85034
  • Style
  • Year Built1941
  • Taxes$ 713
  • Price$ 450,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1300
Listing Provided Courtesy Of:
Get Multifamily
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
Property Description

Well maintained, cash flowing duplex in Phoenix! A unique redevelopment opportunity on a oversized lot zoned R-5. It may have potential to build more units.Close to downtown and the Sky Harbor Airport. The property has a 2BD/1BA front unit and a 1BD/1BA rear unit, both are rented. Each unit features spacious rooms, tile floors, upgraded kitchens, and bathrooms. Each units has separate electric meters, & AC Units.Minutes away you'll find Footprint Center, Chase Field, plenty of restaurants, shopping and easy access to city bus routes and the light rail.

Price History
11/2/2021 Listed $450,000

General Features

1 Bedroom Units: Avg Rent 850.00
2 Bedroom Units: Avg Rent 1250.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling 2 or More Units, Central A/C
Electric APS
Features No Pool
Gas Y/N SW Gas
Heating Electric
Map Code/Grid Q34
Net Income 0.00
New Financing Conventional
Owner Pays Landscaping, Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Carport
Property Type F
Public Remarks Well maintained
Roof Rolled
School District 210 - Phoenix Union High School District
Sewer Sewer - Public
Status Active
Subdivision COLLINS ADDITION PHOENIX BLOCKS 23-26 17 & 27
Tenant Pays Electric, Gas
Water City Franchise
Year Built 1941
Zoning R-5

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 500
2 Bedroom Units: # 2 Bedroom Units 1
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 800
Appliances Included F/S Oven/Range, Microwave, Refrigerator
Floors Ceramic Tile
Total Number of Units 2.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 1.00
Lot Size Dimensions 50 X 140
Total Parking Spcs 11.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85034

Price
AVG $830K
$450K
Taxes
AVG $875
$713
Year Built
AVG 1981
1941

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