2924 E Monroe Street, Phoenix, AZ 85034

$590,000

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Sold Price
$590,000
List Price
$600,000
Closing Date
May 20, 2025
Days on Market
64
Status
CLOSED
MLS#
6823823
City
Phoenix
Subdivision
El Molino Place
Year Built
1983

Property Description

Property Must Be Sold With 2928 E Monroe Street!!! Seller's preference is to Sell with 2930 E Monroe Street as well! The (2) properties are Single Family Homes with Additional Dwelling Units. In total there are (4) units featuring (1) 1-Bed / 1-Bath & (3) 2-Bed / 1-Bath. All units are individually metered for electricity, owner pays Water, Sewer & Trash. The average in-place rent is $1,202 with all leases being on month-to-month basis. The purchaser has the ability to continue to cash-flow or do more extensive interior and exterior upgrades. The property is centrally located and situated minutes from Downtown Phoenix, Sky Harbor and provides immediate access to major highways, public transportation, and the city's growing business and entertainment districts.

Additional Information

Middle School
Wilson Elementary School
School District
Phoenix Union High School District
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air, Individual
Electric
APS, Individual Meter
Flooring
Other, Ceramic Tile
Heating
Other, Individual, Electric
New Financing
Other (See Remarks)
Parking Features
Other, >1 Space Per Unit, On Street
Roofing
Composition
Sewer
Public Sewer
Subdivision
El Molino Place
Taxes
$1,537
Tax Year
2024
Units
4
Water
Master Meter, City Franchise
Zoning
R-5

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: ABI Multifamily.

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