All 2 Bedrooms presents a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of renovated and unrenovated units, allowing an investor to capture immediate upside through continued unit upgrades and rent optimization. Two units have been recently renovated, offering modernized interiors and setting a clear benchmark for future improvements. The remaining units provide a clear path for additional value creation through renovation and repositioning. The roof is +/-5 years old, and three AC units are +/- 3 years old, Unit #3 Just became Vacant for an opportunity to Renovate. With strong rental demand in Phoenix, proximity to employment centers, Downtown Phoenix and Freeways this asset is well-positioned for increased cash flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.
Listing Courtesy of Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / Eric Hegarty
$536,000 (USD)
Phoenix Area Single Family Home
Active
1322 W Monroe Street Phoenix, AZ 85007
3 Bed
4 Baths
2182 sqft
MLS# 6884736
''Charming Historic Woodland District'' Step into timeless character and modern ease at this beautifully restored 1908 Carriage‑House/Duplex. Two Bedrooms 2 1/2 Bath Downstairs Unit with Large North Facing Deck. 1 Bed 1 Bath Upstairs. Owners or Tenants will enjoy historic details like Original hardwood floors, colorful tile, ,updated kitchen and Charming Baths/Tubs, Detached Garage That Backs to Gated Alley. Enjoy morning coffee in a lush communal courtyard or stroll to downtown Phoenix hot spots—Grand Avenue galleries, First Fridays, sports venues, ASU campus, and a thriving food & arts scene. Perfect as an Owner/Occupied With Income or Pure investment. In Ideal Central City location. Buyers to verify all facts and figures to their own satisfaction.
Listing Courtesy of Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / Eric Hegarty
$536,000 (USD)
Phoenix Area Multi-Family Home
Active
1322 W Monroe Street Phoenix, AZ 85007
Bed
0 Baths
sqft
MLS# 6884746
''Charming Historic Woodland District'' Step into timeless character and modern ease at this beautifully restored 1908 Carriage‑House/Duplex. Two Bedrooms 2 1/2 Bath Downstairs Unit with Large North Facing Deck. 1 Bed 1 Bath Upstairs. Owners or Tenants will enjoy historic details like Original hardwood floors, colorful tile, ,updated kitchen and Charming Baths/Tubs, Detached Garage That Backs to Gated Alley. Enjoy morning coffee in a lush communal courtyard or stroll to downtown Phoenix hot spots—Grand Avenue galleries, First Fridays, sports venues, ASU campus, and a thriving food & arts scene. Perfect as an Owner/Occupied With Income or Pure investment. In Ideal Central City location. Buyers to verify all facts and figures to their own satisfaction.
Listing Courtesy of Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / Eric Hegarty