Live in the main home while collecting $2,190/month in rental income from two tenant-occupied guest houses! Located in the heart of the Garfield Historic District, offers historic charm, flexible living and built-in income just minutes from Downtown Phoenix. The main residence features 2 bedrooms & 2 bathrooms with new flooring, new windows, remodeled bathrooms, & fresh interior & exterior paint. Unit 2 rents for $1,295/month with a lease through March 31, 2027, and Unit 3 rents for $895/month with a lease through July 31, 2027. A rare opportunity to enjoy a move-in-ready home while rental income helps offset your monthly housing costs. Ideal for an owner occupant, investor, or anyone looking for additional income potential in one of Downtown Phxs most established historic neighborhoods. Adding even more value are two separate casitas, both currently rented, offering immediate income potential for an owner looking to help offset their mortgage. The layout also makes the property an excellent option for multigenerational living, extended family, guests, home offices, or a buyer looking for multiple flexible living spaces on one property.Garfield is one of Downtown Phoenixs most recognizable historic neighborhoods, known for its character, tree-lined streets, unique architecture, and convenient central location. Enjoy quick access to Roosevelt Row, Downtown Phoenix dining and entertainment, sporting events, arts and culture, Banner University Medical Center, major freeways, and Phoenix Sky Harbor International Airport.Whether youre looking for a historic primary residence with supplemental income, a multigenerational setup, or simply a unique property with flexibility thats increasingly hard to find in Central Phoenix, this home offers a compelling combination of location, updates, and opportunity.
Listed By
Agency Name: eXp Realty
Agency Phone: 480-420-4455
Shown By
Agent Name: Ashley Pickens
Agent Phone: (480) 948-4711
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 1,835.05 per month $1,555.67 Principal & Interest $75.50 Property Tax $203.88 Homeowner's Insurance
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1005 E Moreland Street | MLS# 7074893
This single family home located at 1005 E Moreland Street, Phoenix, AZ 85006 is currently listed for sale with an asking price of $699,000. This property was built in 1926 and has 4 bedrooms with 1731 sq. ft. E Moreland Street is located in the BRILLS ADDITION AMD subdivision within the Phoenix Union High School District school district. Search BRILLS ADDITION AMD real estate on ashley.arizonabest.com today.