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1002 W POLK Street

$409,900
1002 W POLK Street, Phoenix, AZ 85007
1002 W POLK Street

1002 W POLK Street

$409,900

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.

Features & Amenities

Interior

Total Bedrooms 6
Total Bathrooms 6
Full Bathrooms 6
Laundry Room None
Other Interior Features Full Bth Master Bdrm

Exterior

Stories 1
Water Source City Water
ROOF Composition
Lot Features Dirt Front, Dirt Back
Heat type None
Air Conditioning Central Air
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 1,138 Sq.Ft.
LOT SIZE 6,250 Sq.Ft.
MLS® ID 6991967
Type Residential
Year Built 1906
Neighborhood Phoenix
ELEMENTARY SCHOOL Kenilworth Elementary School
MIDDLE SCHOOL Kenilworth Elementary School
HIGH SCHOOL Central High School
School District Phoenix Union High School District

Financial

SALES PRICE $409,900
REAL ESTATE TAXES $590/yr
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Thank you for your interest in 1002 W POLK Street, Phoenix, AZ 85007. We are reviewing your request and will be in touch shortly!

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