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Buy a multi-family propertyat 1031 E Roosevelt Street, Phoenix, AZ 85006

$660,000

$675,000 (-2.22%)

$0/mo

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Multifamily

293 Days on market

6577882 MLS ID

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About 1031 E Roosevelt Street multi-family property

Huge Price Improvement! Duplex in Garfield Historic District Zoned R-5 (Residential or Professional Offices). Both units are remodeled and move in ready, so you can start generating income immediately. Roof, drywall, electrical, plumbing, flooring, water heater and appliances all recently upgraded! Property is perfect for students, business travelers, traveling nurses, or people looking to enjoy the trending Roosevelt & downtown night scene.
Huge Price Improvement! Duplex in Garfield Historic District Zoned R-5 (Residential or Professional Offices). Both units are remodeled and move in ready, so you can start generating income immediately. Roof, drywall, electrical, plumbing, flooring, water heater and appliances all recently upgraded! Property is perfect for students, business travelers, traveling nurses, or people looking to enjoy the trending Roosevelt & downtown night scene.

Property details

Listing

Source: Arizona Regional MLS

Bedrooms

2 one bedroom units

One bedroom units: average rent: $2,100

Location

City/Town: Phoenix

County: Maricopa

Subdivision: Highland Addition Lots 9-26, 43-60, 74-91

Building

Built in 1936

1 building

Marketing name: Garfield Historic Distric

2 units

Stucco

Adobe

Duplex

Interior Features

Fire/Smoke Alarm(s)

Mini Blinds

Security Alarm(s)

Unfurnished

Exterior Features

Fenced

Landscape Wtr System

Patio/Balcony

Separate Storage

Floors

Vinyl

Roof

Rolled

Property

Property type: F

Zoning: R-5

Expenses

Operating expense: $6,521

Annual electricity expense: $1,629

Annual water/sewer expense: $1,080

Income

Adjusted gross income: 50689.00

Net operating income: 43352.00

Lot

Size: 4625

Lot number: 17

Amenities

No Pool

Appliances & Equipment

Disposal

F/S Oven/Range

Microwave

Refrigerator

Washer/Dryer

Parking

4 parking spaces

3 uncovered parking spaces

1 covered parking space

>1 Space Per Unit

1 Space/Unit

Add'l Parking Avail

Auto Door Opener

Carport

Paved Parking

Cooling

2 or More Units

Ceiling Fan(s)

Electric

Heating

2 or More Units

Heat Pump

Water Features

City Franchise

Utilities

APS

None

Sewer - Public

Home Owner's Association

Homeowners' association: No

Taxes

Taxes: 648.00

Year: 2022

Municipality: Phoenix

Miscellaneous

Cable TV

Electric

Trash Collection

Water

Electric

Monthly cost

Estimated monthly cost

$4,151/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$620,400

+$19,800

$640,200

Seller agent commission$19,800 (3%)*

$0 (0%)

Buyer agent commission$19,800 (3%)*

$19,800 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $19,800 more selling your home
with an Unreal Estate agent

Start free MLS listing
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Unreal Estate checked: Aug 8, 2023 at 4:31 p.m.

Data updated: Jul 27, 2023 at 8:02 p.m.

Courtesy of My Home Group Real Estate
This content last updated on 07/27/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listing Information © 2024 Arizona Regional Multiple Listing Service, Inc.

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