Properties
Phoenix, AZ 85003 1106 S MONTEZUMA Avenue
$600,000
10 more
Presented By: Matthews Real Estate Investment Services; 310-388-0788
Garage • 1
Home Details
Matthews™ is pleased to present the listing for 1106 & 1110 S Montezuma, two duplex properties located in the Central City submarket of Phoenix, Arizona.
Built in 2021, the asset consists of (4) 2-bedroom, 1-bathroom units, each with 2-car garages. Each unit averages ±550 square feet (excluding garages), totaling approximately 2,200 square feet of rentable space. Tenants are responsible for their own utilities.
The duplex properties are next door to one another. One or both duplexes can be purchased with residential financing.
Presented By: Matthews Real Estate Investment Services; 310-388-0788
Interior Features for 1106 S MONTEZUMA Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
General for 1106 S MONTEZUMA Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.7
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco, Block
CoolingCentral Air, Ceiling Fan(s)
CountyMaricopa
DisclosuresNone
ElectricAPS
Elementary SchoolLowell Elementary School
Elementary School DistrictPhoenix Elementary District
Garage Y/NYes
Gross Income43200.0
HeatingElectric
High SchoolCentral High School
High School DistrictPhoenix Union High School District
Insurance Expense2054.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income40177.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: VATrue
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces2.0
Operating Expense5469.0
OwnerPaysLandscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofFoam
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameMONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
Tax Annual Amount2339.0
Tax Lot21
Tax Year2025
Township1N
Water Sewer Expense371.0
Year Built2021
ZoningR-5
Exterior for 1106 S MONTEZUMA Avenue
Covered Spaces4.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50FT WIDE 130 FT LONG
Number of Buildings1
Parking Features<1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking6.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Middle School
N/A
High School
Central High School
Elementary School
Lowell Elementary School
