2925 W HIGHLAND Avenue, Phoenix, AZ 85017

$370,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,684 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $370,000 List Date: 2/21/2025 Last Modified: 3/11/2025

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

Supplements: 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!

More Information MLS# 6822859

Contract Information

Status Change Date: 2025-02-21 List Price: $370,000 Status: Active Current Price: $370,000 List Date: 2025-02-19 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 2925 Compass: W Street Name: HIGHLAND St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85017 Zip4: 3417 Country: US County Code: Maricopa Assessor Number: 154-10-082 Subdivision: NORTHWEST VILLAGE 2 Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 4 # Bathrooms: 3 Approx SQFT: 1684 Price/SqFt: 219.71 Guest House SqFt: 450 Horses: N Builder Name: Unknown Year Built: 1953 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 6970 Approx Lot Acres: 0.16 Pool: None Elementary School District: Alhambra Elementary District High School District: Phoenix Union High School District Elementary School: Granada Elementary School-East Campus Jr. High School: Granada Elementary School-East Campus High School: Alhambra High School

Remarks Misc

Cross Street: I-17 and Camelback Rd. Directions: 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. Geo Lat: 33.505169 Geo Lon: -112.122545

Legal Info

Township: 2N Range: 2E Section: 23 Lot Number: 28

Basement

Basement Y/N: N

Parking Spaces

Slab Parking Spaces: 1

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Master Bathroom: None Fireplace: No Fireplace Pool Features: No Pool Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Range/Oven Gas; Dishwasher; Built-in Microwave; Granite Countertops Laundry: Wshr/Dry HookUp Only Other Rooms: Family Room; Separate Workshop Features: No Interior Steps Exterior Features: Covered Patio(s) Construction: Block Const - Finish: Painted Roofing: Comp Shingle Heating: Natural Gas Utilities: SRP; SW Gas Water: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Grass Front Lockbox Type: Supra (ARMLS) Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail

Listing Office: Redfin Corporation

Last Updated: March - 11 - 2025

2925 W HIGHLAND Avenue, Phoenix, AZ 85017 (MLS# 6822859)