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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

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    $1,835/mo

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    $1,835/mo

    Rent Zestimate®

    Refinance and save

    $2,916/mo

    Est. payment

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    $2,916/mo

    Est. payment

    What's special

    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...

    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#: 6776799MLS Logo

    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