2442 E Monroe Street, Phoenix

$779,000

0 Bed
0 Bath
0 Acre
0 Garage

GREAT CAP RATE, ALL UNITS RENTED!! Long term renters in place. Tri-plex and a duplex on one lot. Fantastic location walking distance to the light rail, close to the airport and downtown Phoenix. Rents are under market value for this area. All units are on monthly leases positioned for new investor increases. Each unit has gone through updates throughout the years including new paint, refinished cabinets, ceramic tiles and laminate flooring, newer counters with tiled backsplash and tiled showers. This property is individually metered for electric. Duplex has newer a/c unit and windows! Lots of investor development in this are! Put in an offer today!

Essential Information
MLS® #6369948
Price$779,000
Year Built1940
TypeMulti-Family
Sub-Type5 - 12 Units
StatusActive
Community Information
Address2442 E Monroe Street
SubdivisionHIALEAH
CityPhoenix
CountyMaricopa
StateAZ
Zip Code85034
Amenities
AmenitiesNo Pool
Parking Spaces5
Parking1 Space/Unit
Interior
Interior FeaturesFire/Smoke Alarm(s)
AppliancesF/S Oven/Range, Refrigerator
HeatingElectric
CoolingCentral A/C
Exterior
Exterior FeaturesFenced
Lot Description7754
RoofComp Shingle
ConstructionBlock, Brick, Frame - Wood
District

007 - Wilson Elementary District

Additional Information
ZoningR4
Listing Details
OfficeOpen House Realty
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Listing information last updated on June 30th, 2022 at 5:49pm MST.