Perfect multi-family home in the heart of downtown Phoenix. Steps from the light rail, ballgames and entertainment this estate boasts all of the Phoenix charm that one would want. Ideal for an investor, this home has the potential to generate consistent solid income. It is also ideal for an owner wanting to reside on the property while offsetting expenses with a tenant OR a larger family looking for a huge in-law unit to accompany the primary. This updated multi-family property truly has limitless possibilities with NO HOA! Both units have their own washer/dryer/hot water heater etc...
Sold for $524,000 on 12/12/24
$524,000
1005 S 1st Ave, Phoenix, AZ 85003
5beds
3baths
2,585sqft
Multi Family
Built in 1954
-- sqft lot
$506,600 Zestimate®
$203/sqft
$1,835 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 13, 2024 at 01:09am
Listed by:
Joseph Roth 312-919-9403,
DeLex Realty
Bought with:
Joseph Roth, SA641976000
DeLex Realty
Source: ARMLS,MLS#: 6776799

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Electric, Natural Gas
Cooling
- Electric
Appliances
- Included: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
Features
- Flooring: Carpet, Ceramic Tile
Interior area
- Total structure area: 2,585
- Total interior livable area: 2,585 sqft
Property
Parking
- Total spaces: 6
- Parking features: <1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 3
- Uncovered spaces: 3
Details
- Parcel number: 11224103
- Zoning: M-H
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Slump Block
- Roof: Composition
Condition
- Year built: 1954
Utilities & green energy
- Electric: City Electric
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
Other
Other facts
- Listing terms: Conventional,1031 Exchange,VA Loan
- Ownership: Fee Simple
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Estimated market value
$506,600