1022 S Montezuma Avenue, Phoenix, AZ 85003

$585,000
3
BD
3
BA

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List Price
$585,000
Status
ACTIVE
Days on Market
220
MLS#
6988700
City
Phoenix
Bedrooms
3
Bathrooms
3
Year Built
1942

Property Description

This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. There is a 3rd building that could be renovated for a triplex. This property was recently combined into one lot with 9,780 square feet. Perfect for additional structures and rental income options. DO NOT DISTURB TENANTS - PLEASE

Additional Information

Taxes
$691
Net Operating Income
$30,839
Cap Rate
5.27
Units
3
Parking Features
On Street
Construction
Block, Slump Block, Painted
Roofing
Composition
Cooling
Electric, Varies by Unit, Window/Wall Unit
Heating
Ceiling
Zoning
Multi Family
Subdivision
Montgomery Add Blks 23-26, 31-34, 39-42, 47-50
Community Features
No Pool
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Water, Electricity, Gas, Trash Collection
New Financing
FHA, Conventional

Courtesy of Realty ONE Group. 602-953-4000

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