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    127 W Highland Avenue

    Phoenix, AZ 85013
    • $1,300,000
    • STATUS: Active
    • MLS #: 6236210
    UPDATED: 59 min ago
    $1,300,000
    • 6
      BEDS
    • 0.2
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,973
      SQFT
    • $261
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1950
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Tenant occupied must contact owner (private remarks) for showings, please do not disturb tenants. Huge Central Phoenix family home with two separate income producing apartments to help pay the mortgage! Unique Central Phoenix complex with a very large family home and two separately metered independent apartment units totaling 4,973 square feet of livable space in the historic Pierson Place neighborhood. Centrally located just southwest of the Central Avenue and Camelback between the Uptown and Melrose districts, this lovely property with off street parking and a parklike backyard provides walkable access to great retail, bars and restaurants, two light rail stations, Brophy, Xavier and Central High School as well as the Central Phoenix bike path and thenewly redesigned Phoenix Grand Canal. The house and grounds have original character that is seldom found in Phoenix, including Saltillo tile floors. The large family home is approximately 3,679 square feet and is currently being rented by an artist community for $2,800 per month, which is well below the estimated market rate of $5,000 per month. As depicted in the attached floor plan, the two-story building has five bedrooms and a large art studio. The ground floor has a nice family room with original working beehive fireplace, large dining area, a private office and a kitchen with a breakfast bar. Four of the five bedrooms are on the ground floor with two functioning as dual master bedrooms with en-suite bathrooms and plenty of closet space. The two smaller bedrooms, one of which has a private exterior entrance are adjacent with a shared hallway bathroom. The second floor consists of the huge completely remodeled bedroom with fireplace, a bathroom and a light filled art studio complete with a sleeping loft. The second floor can be accessed via an interior stairway as well as an exterior stairway with a private landing and sitting area. For the entrepreneurial owner, the second floor could easily be converted into a separate one-bedroom apartment or two studio apartments. There is a beautiful private gated patio area on the east side leading to the outside stairwell for the art studio and upstairs bedroom. Just off the patio is a large, covered breezeway with work benches, an area with the washer/dryer, an extra refrigerator and the hot water heater. The breezeway is a perfect spot for bike, toys and tool storage. The complex includes two 640 square foot one-bedroom one-bath apartment units with a separate private entrance on the west side of the property. These units have been remodeled with stainless steel appliances, quartz countertops, ceiling fans in living room and bedrooms and lots of natural light. Both units have new washer/dryers and have been continually occupied for many years. Each unit has two designated parking spots. The tenants love being able to walk to their favorite haunts including Fame, Lux, AJ's, Windsor, Postino and The Bonus Room. Unit A in the front portion of the building with a private 2nd floor patio on Highland and is currently rented for $1,200.00 per month. Tenant pays their own utility bills including cable. Unit B faces the beautiful backyard and rents for $1,150.00 per month. The backyard is framed by mature vegetation including a beautiful bougainvillea and large bay leaf tree. It has a multiple raised gardening beds and a beautiful running water fountain creating an oasis like setting in the middle of a large metropolitan area. The site includes up to eleven off street red brick paver parking spots. The entire complex is currently occupied so tours will be limited to qualified parties only and will be arranged through the owner.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Property Partners at eXp Realty. Data last updated 2021-08-04T17:18:11.413.
    www.propertypartnersaz.com/homes/117256203
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    127 W Highland Avenue Phoenix, AZ 85013

    • Price: $1,300,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 6236210
    6
    Beds
    6
    Baths
    0
    ½ Baths
    0.2
    Acres
    4,973
    SQFT
    $261
    $/SQFT
    1950
    Built
    Neighborhood:
    Suburban Acres
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Longview Elementary School
    Middle School:
    Osborn Middle School
    High School:
    Central High School
    School District:
    008 - Osborn Elementary District
    Property Description
    Tenant occupied must contact owner (private remarks) for showings, please do not disturb tenants. Huge Central Phoenix family home with two separate income producing apartments to help pay the mortgage! Unique Central Phoenix complex with a very large family home and two separately metered independent apartment units totaling 4,973 square feet of livable space in the historic Pierson Place neighborhood. Centrally located just southwest of the Central Avenue and Camelback between the Uptown and Melrose districts, this lovely property with off street parking and a parklike backyard provides walkable access to great retail, bars and restaurants, two light rail stations, Brophy, Xavier and Central High School as well as the Central Phoenix bike path and thenewly redesigned Phoenix Grand Canal. The house and grounds have original character that is seldom found in Phoenix, including Saltillo tile floors. The large family home is approximately 3,679 square feet and is currently being rented by an artist community for $2,800 per month, which is well below the estimated market rate of $5,000 per month. As depicted in the attached floor plan, the two-story building has five bedrooms and a large art studio. The ground floor has a nice family room with original working beehive fireplace, large dining area, a private office and a kitchen with a breakfast bar. Four of the five bedrooms are on the ground floor with two functioning as dual master bedrooms with en-suite bathrooms and plenty of closet space. The two smaller bedrooms, one of which has a private exterior entrance are adjacent with a shared hallway bathroom. The second floor consists of the huge completely remodeled bedroom with fireplace, a bathroom and a light filled art studio complete with a sleeping loft. The second floor can be accessed via an interior stairway as well as an exterior stairway with a private landing and sitting area. For the entrepreneurial owner, the second floor could easily be converted into a separate one-bedroom apartment or two studio apartments. There is a beautiful private gated patio area on the east side leading to the outside stairwell for the art studio and upstairs bedroom. Just off the patio is a large, covered breezeway with work benches, an area with the washer/dryer, an extra refrigerator and the hot water heater. The breezeway is a perfect spot for bike, toys and tool storage. The complex includes two 640 square foot one-bedroom one-bath apartment units with a separate private entrance on the west side of the property. These units have been remodeled with stainless steel appliances, quartz countertops, ceiling fans in living room and bedrooms and lots of natural light. Both units have new washer/dryers and have been continually occupied for many years. Each unit has two designated parking spots. The tenants love being able to walk to their favorite haunts including Fame, Lux, AJ's, Windsor, Postino and The Bonus Room. Unit A in the front portion of the building with a private 2nd floor patio on Highland and is currently rented for $1,200.00 per month. Tenant pays their own utility bills including cable. Unit B faces the beautiful backyard and rents for $1,150.00 per month. The backyard is framed by mature vegetation including a beautiful bougainvillea and large bay leaf tree. It has a multiple raised gardening beds and a beautiful running water fountain creating an oasis like setting in the middle of a large metropolitan area. The site includes up to eleven off street red brick paver parking spots. The entire complex is currently occupied so tours will be limited to qualified parties only and will be arranged through the owner.
    Exterior Features

    Architecture Spanish Building Style 2-3-4 Plex Carport Spaces 0.00 Construction Adobe Construction Finish Painted Covered Parking Spaces 0.00 Dwelling Styles Detached Fencing Block Fencing1 Block Garage Spaces 0.00 Landscaping Grass Back Pool None Pool Private No Pool Roofing Comp ShingleTileFoam Slab Parking Spaces 5.00 Spa None

    Interior Features

    Basement YN No Bedrooms Plus 7.00 Cooling Ceiling Fan(S)Refrigeration Dining Area Breakfast BarFormalEat-In Kitchen Fireplace 2 Fireplace Flooring OtherTile Guest House Sq Ft 1260.00 Heating Gas Heat Interior Levels 2 Kitchen Features DishwasherRange/Oven ElecRefrigerator Laundry Dryer IncludedWasher Included Master Bathroom Other (See Remarks) Separate Den Office Yes

    Property Features

    Assoc Rules Info None Association Fee Incl No Fees Builder Name Unknown Cross Street Central Ave And Camelback Rd Dwelling Type Single Family - Detached Hoa YN N Horses N Land Lease Fee YN No New Financing CashConventional Ownership Fee Simple Pad Fee YN No Services City Services Sewer Sewer - Public Source Lot Sq Ft County Assessor Source Sq Ft Appraiser Special Listing Conditions N/A Tax Municipality Maricopa - County Tax Year 2020 Taxes 4472.00 Total Monthly Fee Equiv 0.00 Utilities ApsSw Gas Water City Water

    Listing courtesy of Homesmart.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Property Partners at eXp Realty. Data last updated 2021-08-04T17:18:11.413.
     
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    The Property Partners at eXp Realty
    7454 E Broadway Blvd
    Tucson AZ, 85710