1222 E Roosevelt Street, Phoenix, AZ 85006

$625,000
Sold Price
$625,000
List Price
$649,900
Status
CLOSED
Closing Date
Oct 05, 2023
Days on Market
46
MLS#
6594868
City
Phoenix
Year Built
1924

Property Description

This is an opportunity to own a totally renovated duplex in the historic Garfield Neighbourhood. Removed with taste while keeping its historic charm. Unit 1 is a 3b 1b Main house (1,531sqf) with high ceilings, an amazing large kitchen, rooms and bathroom. Upgrades include plumbing, electric, floors, new AC split units, new quartz counters, new flooring too many to list must see it for yourself. Unit 2 is a 2b 1b (612sqf) also totally renovated, new plumbing, electric floors, etc. Huge backyard with RV gate, with a storage, ready for your creative imagination, enough space to add a Casita! Minutes walk to historic Roosevelt district of downtown with the best that downtown has to offer. This amazing investment opportunity is in high demand with renters both short term (Airbnb) and long term tenants. Market rents for the 3b 1b (1,531sqf) $2,500 and the 2b 1b(612sqf) is $1,700 for a total of $4,200 or move in the main house and rent the 2b1b for extra income, limitless possibilities. Be the first to claim this one, won't last, send your offers NOW!

Additional Information

Gross Annual Sch Inc
50400
Adjusted Gross Inc
47880
Taxes
$901
Operating Exp
901
Net Operating Income
$44,400
Units
2
Project Type
Duplex
Construction
Block, Frame - Wood
Roofing
Comp Shingle, Other (See Remarks)
Parking
Other (See Remarks)
Cooling
Electric
Heating
Electric
Floors
Vinyl
Zoning
MULTI-FAMILY
Subdivision
Sedlers
Community Amenities
No Pool, Other
Electric
APS
Gas
None
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Other (See Remarks)
New Financing
Conventional, FHA, VA
Elementary School
Wilson Elementary School - Phoenix
School District
Phoenix Union High School District

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of USELLSMART Real Estate. Selling Office: Keller Williams Realty East Valley.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.