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1005 S 1st Avenue, Phoenix, AZ 85003
$594,900
1005 S 1st Avenue, Phoenix, AZ 85003View this property at 1005 S 1st Avenue, Phoenix, AZ 85003
1005 S 1st AvenuePhoenixAZ85003
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Property Description
Perfect multi-family home in the heart of downtown Phoenix. Steps from the light rail, ballgames and entertainment this estate boasts all of the Phoenix charm that one would want. Ideal for an investor, this home has the potential to generate consistent solid income. It is also ideal for an owner wanting to reside on the property while offsetting expenses with a tenant OR a larger family looking for a huge in-law unit to accompany the primary. This updated multi-family property truly has limitless possibilities with NO HOA! Both units have their own washer/dryer/hot water heater etc...
Full Property Details
Full Property Details for 1005 S 1st Ave
General
- Price: $594,900
- Taxes: $725 (2023)
- Status: Active
- Type: Duplex
- MLS ID: 6677642
- Updated: 5/8/2024
- Added to Site: 61 day(s) ago
Interior
- Flooring: Carpet, Ceramic Tile
Parking
- Covered Spaces: 3
- Total Spaces: 6
- Parking Features: <1 Space Per Unit, Common
Location
- County: Maricopa
- Subdivision: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
- Cross Streets: 1st Avenue and Tonto
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Painted, Slump Block
- Roof: Composition
- Year Built: 1954
Lot Features
- Lot Dimensions: IRREGULAR
- Frontage: Concrete
- Zoning: M-H
Financial Considerations
- Tax Amount: $725
- Tax Year: 2023
- Terms: Conventional, 1031 Exchange, VA Loan
- Owner Pays: Other
- Tenant Pays: See Remarks
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Property ID: 112-24-103
- Lot Number: 3 & 4
Listed by DeLex Realty
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Schools
Schools serving 1005 S 1st Ave
School Districts:Phoenix Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1121 S 3rd Ave, Phoenix, AZ 85003 | PK-8 | 0.2 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 4.4 mi | |
4525 N Central Ave, Phoenix, AZ 85012 | 9-12 | 4.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1005 S 1st Ave
Date
Details
Price
Change
Source
5/08/2024
Price Reduced
$594,900
-2.32%
MLS
4/08/2024
Price Reduced
$609,000
-2.4%
MLS
3/22/2024
Listed
$624,000
104.59%
MLS
9/02/2016
Sold
$305,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1005 S 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$725
17%
$31,280
22%
2022
$618
—
$25,720
31%
2022
$618
—
$19,560
31%
2021
$619
-1%
$14,920
7%
2020
$627
—
$13,930
23%
2019
$628
2%
$11,310
-3%
2018
$617
4%
$11,670
37%
2017
$594
3%
$8,520
9%
2016
$578
10%
$7,830
30%
2015
$526
-3%
$6,030
42%
2014
$541
26%
$4,250
49%
2013
$431
—
$2,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1005 S 1st Ave
1005 S 1st Avenue, Phoenix, AZ 85003 (MLS# 6677642) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1005 S 1st Avenue is currently listed for $594,900 and was received on March 22, 2024. Want to learn more about 1005 S 1st Avenue? Do you have questions about finding other Duplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.