$549,999
($143,586 down)1004 S MONTEZUMA Avenue, Phoenix, AZ 85003
PITI Monthly
Listing courtesy of: Mitchell Drake, ABI Multifamily
Assumed Rate
2.96%
7.15%Principal & Interest
$1,853 /mo
$2,984 /moWhat's Special
This charming triplex in Downtown Phoenix presents a unique investment opportunity with a diverse unit mix consisting of a remodeled single-family home (3-bed/1.5-bath) and a duplex with a studio and a 1-bed/1-bath unit. Originally built in 1936, the single-family home underwent extensive renovations in 2021, enhancing its appeal and long-term value. Each unit offers dedicated parking and in-unit washer/dryer, ensuring convenience for tenants. Ideally located just a 15-minute walk from the Footprint Center and Chase Field, the property provides excellent access to Downtown Phoenix's shopping, dining, and entertainment options. With its prime location and strong rental potential, this garden-style triplex is an attractive asset for passive investors / owner occupants.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 3 months
Monthly PITI
$2,355.14/mo
Estimated Loan Balance
$425,967
Cash to close
$143,586
Interest Paid
$47,113
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 0
Cooling & Heating
- Cooling: Central Air, Individual
- Heating: Individual
Features
- Materials: Wood Frame, Painted, Stucco
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: 1 Fireplace
- Flooring: Vinyl
Exterior
Fencing
- Fencing: None
Roof
- Roof: Composition, Foam
Parking
- Garage: No
- Garage Spaces: 0
- Carport: No
- Carport Spaces: 0
Water
- Sewer: Public Sewer
- Water Source: Master Meter, City Franchise
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories: 1
- Home type:
- Architectural Style: Unknown
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition, Foam
Condition
- Year Built: 1936
Details
- Builder: UNKNOWN
Community & HOA
Community
- Subdivision: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
- Features: No Pool
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial Details
- Price per Sqft: $517.89
- Tax Annual Amount: $466
- On Market Date: 2025-03-05T00:50:07.000Z
Inquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $143,586!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6830084
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-03-17T17:45:39.000Z
© , Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
2.96%
7.15%Principal & Interest
$1,853 /mo
$2,984 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $143,586!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
Apply to AssumePowered By UMe.
© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Your Home Sold Guaranteed Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.