220 W Monterosa St., Phoenix, AZ 85013

220 W Monterosa St., Phoenix, AZ 85013
Photo 1 of 32
$1,750,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $11,484 2022
On the market: 56 days
Other active MLS# for this property: 6964977 6964977

Est. Monthly Payment:

$11,436($10,479 + $957 taxes*)

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APPROVED
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OFFERED WITH RARE ASSUMABLE INSTITUTIONAL FINANCING at 4.875% -$1.323M IN-PLACE DEBT THIS DUPLEX IN MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY WITH BELOW -MARKET DEBT. The sale consists of 2 mirrored 2603 sq,ft. units, with one loan and a single APN #. The homes feature Identical 3 level 4 bed, 3,5 baths layouts w loft and entertainer's dream roof deck with views. Roof deck has detached casita that can serve as 4 bedroom/office. Proximity to light rail, medical centers, hospitals University campus and business hubs provide high tenant demand as do flexible short term /long term rental strategies. IDEAL FOR INVESTORS,OWNER OCCUPANTS, OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY,IMPROVED CASH FLOW & LONG- TERM FINANCING FLEXIBILITY
Listing courtesy of Diane Scott, Coldwell Banker Realty