$645,000
$645,000
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1201 E PIERCE Street Phoenix, AZ 85006
Key Details
Sold Price $645,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Garfield Historic District
MLS Listing ID 6133426
Sold Date 03/12/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1912
Annual Tax Amount $2,115
Tax Year 2020
Lot Dimensions 5,902
Property Description
Huge price improvement and ready to sell! A very rare opportunity in the Garfield Historic District to own not 1 but 2 homes! Zoned R-3 this multi-family property has two completely separate homes, All utilities except water are on separate bills. Second house is currently rented on a year lease for
$1,300 month. Depending on financing at full purchase price of $645,000 with 20% down, Your monthly mortgage with property taxes would be a little over $2,200 month less the $1,300 a month for the second house your mortgage would be about a $1,000 a month!! The historic main house was built in 1912 has 4 Bedrooms, 3 Bathrooms, a finished wine cellar basement and is 2,311 sqft. The second level master retreat features a loft, main room, Sitting area, 3 walk-in closets and bathroom.
Location
State AZ
County Maricopa
Community Garfield Historic District
Zoning R-3
Direction Head E on Roosevelt, Right (south) on 12th to Pierce. Property is at the Southeast corner of 12th & Pierce. No sign on property.
Interior
Heating Natural Gas
Cooling 2 or More Units, Central A/C, Electric
Flooring Wood
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WasherDryer
Exterior
Garage Paved Parking
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 2
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-24-024
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing Conventional
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