$360,000
$385,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/29/2025
Key Details
Sold Price $360,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Sunrise Place
MLS Listing ID 6855449
Sold Date 05/29/25
Year Built 1940
Annual Tax Amount $540
Tax Year 2024
Lot Dimensions 54x125
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Rare Investment Opportunity - Two Charming Homes on One Lot in Downtown Phoenix! Unlock incredible value and future potential with this unique dual-home property located in the heart of Downtown Phoenix's fast-growing urban core! Situated on a single lot, this investment includes two vintage homes built in 1940. 1729 (main house, approx. 1,000 sq ft) & 1731 (guest house, approx. 677 sq ft). Each home offers 2 bedrooms and 1 bathroom, making it ideal for extended family, a guest rental, or a savvy investor looking for passive income. The guest house is currently rented on a month-to-month lease. Separately metered gas, water, and electricity. Prime location near the heart of Downtown Phoenix. Versatile layout for multi-generational living or rental income.
Location
State AZ
County Maricopa
Community Sunrise Place
Zoning R3
Interior
Heating Heat Pump, Natural Gas
Cooling Central Air, Ceiling Fan(s)
Flooring Vinyl
Appliance Free-Standing Range
Exterior
Parking Features On Street
Community Features No Pool
Roof Type Other,Foam
Total Parking Spaces 4
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Thomas A Edison School
Middle Schools Thomas A Edison School
High Schools Phoenix Union Bioscience High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-15-090
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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