2925 W HIGHLAND Avenue new

Phoenix,AZ 85017

$ 387500

4 Beds

3 Baths

1684 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,684 sqft

Price per Sqft $230

Subdivision Northwest Village 2

MLS Listing ID 6822859

Bedrooms 4

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1953

Annual Tax Amount $1,347

Tax Year 2024

Lot Size 6,970 Sqft

Acres 0.16

Property Sub-Type Single Family - Detached

Property Description

Looking for a solid investment property with rental income potential? This well-built block home offers a unique opportunity, featuring a main house split into two separate units for maximum rental flexibility. The main house includes: a 2-bedroom, 1-bath unit with a full kitchen, and a 1-bedroom, 1-bath unit with a kitchenette. In addition to these units, there's a Studio ADU in the backyard, complete with a full bathroom and kitchenette. Both main house bathrooms boast tile showers, and the home features newer windows and a new HVAC unit. The side apartment and the ADU each have their own mini-split HVAC system for efficient temperature control. The large backyard is ready to be transformed into an entertainment paradise, and already includes a covered porch and storage shed. The ADU is currently rented for $950/month, and the 1-bed, 1-bath unit is rented for $850/month, with tenants in place who would love to stay. A separate laundry room off the back of the home is shared by all units for added convenience. All utilities are split between the units, maximizing income potential. This property is perfectly located near GCU, shopping, entertainment, and transportation, making it an ideal investment opportunity. Don't miss out on this great income-generating property!

Location

State AZ

County Maricopa

Community Northwest Village 2

Direction From 1-17 go West on Camelback Rd. Turn L on N 29th Ave. Ron N 29th Ave. R on Coolidge St. L on Highland Ave. The property is on the left.

Rooms

Other Rooms Separate Workshop, Family Room

Den/Bedroom Plus 4

Separate Den/Office N

Interior

Interior Features Eat-in Kitchen,No Interior Steps,Granite Counters

Heating Natural Gas

Cooling Refrigeration

Fireplaces Number No Fireplace

Fireplaces Type None

Fireplace No

SPA None

Laundry WshrDry HookUp Only

Exterior

Exterior Feature Covered Patio(s)

Fence Block

Pool None

Amenities Available None

Roof Type Composition

Private Pool No

Building

Lot Description Grass Front

Story 1

Builder Name Unknown

Sewer Public Sewer

Water City Water

Structure Type Covered Patio(s)

New Construction No

Schools

Elementary Schools Granada Elementary School-East Campus

Middle Schools Granada Elementary School-East Campus

High Schools Alhambra High School

School District Phoenix Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 154-10-082

Ownership Fee Simple

Acceptable Financing Conventional,FHA,VA Loan

Horse Property N

Listing Terms Conventional,FHA,VA Loan

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