220 W Monterosa Street, Phoenix, AZ 85013
- $1,650,000
- 8
- BD
- 8
- BA
- List Price
- $1,650,000
- Status
- ACTIVE
- Days on Market
- 8
- MLS#
- 7062113
- City
- Phoenix
- Bedrooms
- 8
- Bathrooms
- 8
- Year Built
- 2022
Property Description
THIS CONTEMPORARY DUPLEX COMPRISING TWO IDENTICAL SFH HOMES (ONE LOT ONE APN#) IN HEART OF MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO AQUIRE AN ASSET AT BELOW -MARKET DEBT. The Homes are mirror image 2488 Sq Ft units, each featuring 4 bed, 3 full + 2 half baths spanning three slevels with loft and entertainer's dream roof deck allowing amazing sunset views. Quality finishes throughout with metal and wood, give an urban chic feel.Roof deck has detached casita that can serve as 4 bedroom/office. LIVE IN ONE AND OFF SET EXPENSES BY RENTING THE OTHER. SUITS MULTI-GENERATIONAL FAMILY LIFESTYLES OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY AND LONGTERM FINANCING FLEXIBILTY.
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Additional Information
- Taxes
- $11,484
- Net Operating Income
- $97,301
- Cap Rate
- 5.9
- Units
- 2
- Flooring
- Ceramic Tile
- Parking Features
- Garage Door Opener, Attached Garage
- Construction
- Wood Frame, Stucco, Siding, Lap Siding
- Roofing
- Tile, Built-Up
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R-4
- Exterior Features
- Sidewalk(s)
- Subdivision
- Casa De Alegria
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Tenant Pays
- Water, Electricity, Gas, Cable TV, None
- New Financing
- Wraparound, Conventional, 1031 Exchange, Cash
- Elementary School
- Longview Elementary School
- Middle School
- Osborn Middle School
- High School
- Central High School
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Listing courtesy of Coldwell Banker Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.