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Sold for $550,000
Sold for $550,000
1501 E Roosevelt St Phoenix, AZ 85006
$550,000
CLOSEDBeds
Baths
0
Sqft
Year
1979
Close Date
Apr 3, 2020
Property Type
Multiple Dwellings
Sub Type
Date Listed
Feb 25, 2020
Description of 1501 E Roosevelt St, Phoenix, AZ 85006
Listing details for 1501 E Roosevelt St, Phoenix, AZ 85006 : Completely Remodeled 4-Plex with strong rents that wont disappoint you! Seller has spent over $100k in upgrades starting with all New HVAC units by City of Phoenix through the Energize program in 2012 spending $25k, then in 2013 City Of Phoenix Rental Rehabilitation Program spent $75K which included New Roof, New plumbing, New Electrical, New Kitchen cabinets, New Paint and New Flooring. Seller also installed a large RV gate that only tenants have access for additional parking. Great money maker. All units have signed leases with 2 tenants in the process of moving in the units in the next 2 weeks. Owner is currently collecting $3838 per month in rents and rent will increase to $3943 in June 2020. Great opportunity! Everything updated so nothing to do but sit back and collect rents!
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Listing Updated : 04-29-2026 at 8:42 AM MST
Listing Provided By : Kelly McCormack, 623-451-6768, West USA Realty
Properties displayed may be listed or sold by various participants in the MLS
Source :
ARMLS, MLS#: 6041921
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$550,000
MLS #ID
6041921
Close Price
$550,000
Close Date
Apr 3, 2020
Bedrooms
Bathrooms
0
Square Footage
Year
1979
Days on Site
174 Days
Property Type
Multiple Dwellings
Property Sub Type
Price per Sq Ft
$0
Date Listed
Feb 25, 2020
Location
Street Address
1501 E Roosevelt St
City
State
Arizona
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
Go West on Roosevelt and Property is located on the South side of the Street.
Schools
Elementary School
Middle School
High School
School District
Construction / Architecture
Year Built
1979
Construction Materials
Painted, Block and Frame - Wood
Roof
Composition
New Construction
No
Price per Sq Ft
$0
Lot Dimensions
IRR
Interior Details
Fireplace
No
Heating
Electric
Cooling
2 or More Units, Central A/C and Electric
Exterior Details
Garage
No
Parking Features
Paved Parking, Free, Add'l Parking Avail, 1 Space/Unit and Street Parking
Fencing
None
Water Source
See Remarks, City Franchise and Master Meter
Sewer
Public Sewer
Community Features
No Pool
Taxes, HOA & Financing
HOA Fee Includes
None
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Property History
DateEventPrice
4/3/2020
Sold
$550,000 0%
Source:ARMLS #6041921
ARMLS #6041921 2/25/2020
Listed for sale
$550,000
Source:ARMLS #6041921
ARMLS #6041921Location of 1501 E Roosevelt St, Phoenix, AZ 85006
Streetview of 1501 E Roosevelt St, Phoenix, AZ 85006
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