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1140 W Monterosa Street Phoenix, AZ 85013
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Key Details
Sold Price $560,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Del Monte North 2
MLS Listing ID 6789630
Sold Date 05/09/25
Maintenance Fees $1,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1959
Annual Tax Amount $1,106
Tax Year 2024
Lot Dimensions 66.64x90.85
Property Description
Excellent investment opportunity! Melrose District duplex with easy access to downtown, midtown, nightlife, shopping & dining. Each remodeled units has 821 sq. ft., 2 Bed/1 Bath with covered patio, private fenced yard, laundry and a 1-car garage. Mirror image floor plans. Currently rents are $1795 and $1750/mo., one on a month-to-month lease, so you could live in one unit and offset your costs with the rent from the other, or convert the oversized garage into a third rental unit for even more monthly income. Lots of possibilities with this turn-key property. Updates include new roof 2020, AC 2019, dual pane windows and sliding glass doors, flooring, int./ext. paint, kitchen and bathroom cabinets, granite counters, fixtures and hardware, stainless steel appliances, garage doors & openers.
Location
State AZ
County Maricopa
Community Del Monte North 2
Zoning [M-M] MULTI-FAM
Direction South on Indian School Rd. to 11th Ave., north on 11h Ave. to Monterosa St., west on Monterosa St. to property on the right.
Interior
Heating Central, Heat Pump, 2 or More Units
Cooling Central Air, Electric, 2 or More Units
Flooring Ceramic Tile
Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features Garage Door Opener, On Street
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Sewer Septic in & Cnctd, Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Encanto School
Middle Schools Osborn Middle School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 155-40-118
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing FHA
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