1050 W POLK Street, 1 & 2, Phoenix, AZ 85007
New Listing
$825,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$825,000
List Date:
3/14/2025
Last Modified:
3/14/2025
Description
Recently built duplex located in Historic Downtown Phoenix! Both units include 3 bedrooms, 2.5 bathrooms, a spacious open floor plan and large master suite. Kitchen has all the upgrades a tenant would ever want with beautiful quartz countertops, a large island, stainless steel appliances, and all white cabinets. In Unit Washers & Dryers included. 1 car detached garage for EACH unit and shared private yard. Central location provides access to all downtown amenities and light rail. Left Unit active lease. RIGHT UNIT VACANT AS OF 03/31/2025.
More Information MLS# 6828725
Contract Info
Current Price: $825,000
List Price: $825,000
Status: Active
List Date: 2025-02-28
Ownership: Fee Simple
Location Tax Legal
House Number: 1050
Compass: W
Street Name: POLK
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3001
Country: US
County Code: Maricopa
Subdivision: UNIVERSITY ADDITION
Assessor Number: 111-28-129
Tax Year: 2023
General Property Description
Lot Size Dimensions: 51 X 124
Year Built: 2021
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: 1
Zoning: R-5
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Capitol Elementary School
Jr. High School: Capitol Elementary School
High School: Central High School
Remarks Misc
Cross Street: 7th Avenue & Polk Street
Directions: West on Van Buren to 12th Ave, North to Property.
Geo Lat: 33.453561
Geo Lon: -112.088435
Status Change Info
Status Change Date: 2025-03-14
Legal Info
Township: 1N
Range: 3E
Section: 6
Lot Number: 7
Income Expenses
Gross Annual Sch Inc: 53172
Net Operating Income: 43159.4
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2200
Avg SqFt: 1515
# Baths: 3
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Synthetic Stucco; Siding
Roofing: Composition
Floors: Vinyl
Sale Includes: Building(s) Only; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Fenced; Patio/Balcony; Security Light(s)
Interior Amenities: Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Garage; On Street; >1 Space Per Unit; Assigned; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Water; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Realty ONE Group
Last Updated: March - 14 - 2025
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