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About the Listing xpre07 - ph353
Vacant investor special and fixer-upper with huge upside! This red brick property offers a rare value-add opportunity near Downtown Phoenix. The main home is set up as a 5 bed / 5 bath layout, ideal for a PadSplit / co-living strategy or a strong rental hold once renovated. There's also an approx. 700 sq ft casita that can be finished and rented separately for additional income. Projected rents are around $1,000 per bedroom in the main house plus ~$1,500/month for the casita, for an estimated $6,500/month total potential. Seller is motivated and is looking for a cash offer with a quick close. Located minutes from Downtown Phoenix with easy access to major freeways, jobs, dining, nightlife, and entertainment.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Residential
MLS ®
6971035
Year Built
1906
Total Square Footage
1,138
Lot/Acreage
0.14
County
Maricopa
Neighborhood
University Addition
School District
Phoenix Elementary District
Elementary School
Kenilworth Elementary School
Middle School
Kenilworth Elementary School
High School
Central High School
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Full Bth Master Bdrm
- Water: City Water
Exterior Details
- Lot Description: Dirt Front,Dirt Back
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $590
- Taxes w/Assessments: N/A
- Tax/Property ID: 111-28-157
- Tax Year: 2025
Payment Calculator
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Questions About..
1002 W Polk St Phoenix, AZ 85007
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