1201 East GRISWOLD Road Phoenix, AZ 85020

$675,000
7
Beds
4
Baths
0.16
Acres
1,218
SQFT
554
$/SQFT
$675,000
7
Beds
4
Baths
1,218   sf
$554 / sf
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TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY!Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity.The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience.At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute. The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer.Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter.With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY!Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity.The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience.At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute. The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer.Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter.With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

Listed by:
HomeSmart

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Style

  • Ranch / One Story
  • Two Story
  • One Story

Property History

DateDays AgoEventNew Price
Oct 23, 202621 days agoPrice decreased5,000 (1%)$675,000
Sep 1, 20262 mos agoNew on market$680,000
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