1140 W Monterosa Street, Phoenix, AZ 85013

Sold Price
$560,000
List Price
$559,000
Closing Date
May 09, 2025
Days on Market
161
Status
CLOSED
MLS#
6789630
City
Phoenix
Subdivision
Del Monte North 2
Year Built
1959

Property Description

Excellent investment opportunity! Melrose District duplex with easy access to downtown, midtown, nightlife, shopping & dining. Each remodeled units has 821 sq. ft., 2 Bed/1 Bath with covered patio, private fenced yard, laundry and a 1-car garage. Mirror image floor plans. Currently rents are $1795 and $1750/mo., one on a month-to-month lease, so you could live in one unit and offset your costs with the rent from the other, or convert the oversized garage into a third rental unit for even more monthly income. Lots of possibilities with this turn-key property. Updates include new roof 2020, AC 2019, dual pane windows and sliding glass doors, flooring, int./ext. paint, kitchen and bathroom cabinets, granite counters, fixtures and hardware, stainless steel appliances, garage doors & openers.

Additional Information

Elementary School
Encanto School
High School
Central High School
Middle School
Osborn Middle School
School District
Phoenix Union High School District
Community Features
No Pool
Construction
Painted, Block
Cooling
Central Air, Electric, 2 or More Units
Electric
APS
Flooring
Ceramic Tile
Heating
Central, Heat Pump, 2 or More Units
New Financing
Conventional, FHA, VA Loan
Parking Features
Garage Door Opener, On Street
Roofing
Composition
Sewer
Septic in & Cnctd, Public Sewer
Subdivision
Del Monte North 2
Taxes
$1,106
Tax Year
2024
Units
2
Water
City Franchise
Zoning
[M-M] MULTI-FAM

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of DPR Realty LLC. Selling Office: ATLAS AZ, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.