Phoenix, AZ 85007,1002 W POLK Street
Phoenix, AZ 85007,1002 W POLK Street
Phoenix, AZ 85007,1002 W POLK Street
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$459,000
Est. payment /mo
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6 Beds
6 Baths
1,138 SqFt
New

1002 W POLK Street Phoenix, AZ 85007

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,138 sqft

Price per Sqft $403

Subdivision University Addition

MLS Listing ID 6971035

Bedrooms 6

HOA Y/N No

Year Built 1906

Annual Tax Amount $590

Tax Year 2025

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Vacant investor special and fixer-upper with huge upside! This red brick property offers a rare value-add opportunity near Downtown Phoenix. The main home is set up as a 5 bed / 5 bath layout, ideal for a PadSplit / co-living strategy or a strong rental hold once renovated. There's also an approx. 700 sq ft casita that can be finished and rented separately for additional income.
Projected rents are around $1,000 per bedroom in the main house plus ~$1,500/month for the casita, for an estimated $6,500/month total potential.
Seller is motivated and is looking for a cash offer with a quick close. Located minutes from Downtown Phoenix with easy access to major freeways, jobs, dining, nightlife, and entertainment.

Location

State AZ

County Maricopa

Community University Addition

Area Maricopa

Rooms

Den/Bedroom Plus 6

Separate Den/Office N

Interior

Interior Features Full Bth Master Bdrm

Heating None

Cooling Central Air

Flooring Flooring

Fireplace No

SPA None

Laundry None

Exterior

Utilities Available SRP

Roof Type Composition

Private Pool No

Building

Lot Description Dirt Front, Dirt Back

Story 1

Builder Name na

Sewer Public Sewer

Water City Water

New Construction No

Schools

Elementary Schools Kenilworth Elementary School

Middle Schools Kenilworth Elementary School

High Schools Central High School

School District Phoenix Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 111-28-157

Ownership Fee Simple

Acceptable Financing Cash, FannieMae (HomePath), Conventional, FHA, VA Loan

Horse Property N

Disclosures None

Possession Close Of Escrow

Listing Terms Cash, FannieMae (HomePath), Conventional, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by eXp Realty

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Shaianne Coleman

Shaianne Coleman

Agent | License ID: SA678773000

+1(623) 201-9261

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1002 W POLK Street