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  4. Exterior
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Status: Active

1637 E Roma Ave 
Phoenix, AZ 85016

$425,000

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This 1939 FIXER-UPPER Cottage with a Santa Fe influence is screaming to be restored to it's extraordinary past & offers a HUGE PROFIT MARGIN potential! Sitting in a PRIME LOCATION in 85016 Camelback East Village, this property sits on a HUGE LOT & a very quiet street that's ''not a through street.'' The 1,640sf includes a 578sf attached Mother-In-Law suite w/2 separate entries, its own address & separate electric meter & billing, in addition to the 2 bedrooms/1 bath totaling 3 beds/2 baths. The 408sf detached, tandem garage would make the most magnificent guest house bringing the total livable square footage to 2,028 & a 4 bed/3 bath. This property has 2 separate rental income potentials & would make a terrific multi-generational compound. Plenty of room for a pool, RV & toys! The homes in this popular subdivision, Montecito, are virtually all historic. Although it's not a designated historic district, the feel is identical. The home's historic features are just flat out cool: It's impossible not to notice the stunning bay window from the inside and out. Then there are the coved ceilings in the living room, walled archways, original phone nook & an original built-in ironing board. The large formal dining room off the kitchen shows off the bay window where you can admire some mountain views while dining. The floorplan is very open & very functional. This is an absolute PRIME LOCATION in the Madison School District! Close to the upscale Biltmore Shopping Center, Uptown Plaza, Arcadia night life, upscale restaurants, clubs, museums, Whole Foods, Sprouts, Natural Grocers, Trader Joe's, Farmer's Markets, Downtown Phoenix, Sky Harbor Airport & SO much more! Make sure to view this diamond in the rough and explore your profit margin potential!
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Bedrooms
3
Baths
2
House Size
1,640 sqft
Year Built
1939
Lot Size
0.21 ac
School District
Phoenix Union High School District

Location

Market Insights

In the last 30 days, homes for sale in 85016, Phoenix, AZ were on the market for a median of 52 days and 4% of homes sold above list price.

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Interior Information

cooling
Central Air
Ceiling Fan(s)
features
High Speed Internet
See Remarks
Master Downstairs
Eat-in Kitchen
flooring
Carpet
Tile
heating
See Remarks
Electric
view
Mountain(s)

Exterior Information

features
Private Yard
Storage
fence
Block
Wood
patio and porch
Patio
roof
Other
See Remarks
Tile
Built-up
Metal

Property Information

architectural style
Other
See Remarks
builder name
Unk
construction
Stucco
Block
parking
Unassigned
Gated
Detached
sewer
Public Sewer
subdivision name
Montecito
utilities
Sewer Connected
Cable Available
water source
Public
  • Listed By Laura Boyajian
  • (602) 400-0008
  • HomeSmart
  • (602) 230-7600
  • rlarue@hsmove.com
  • MLS 6919177

Monthly Payments Calculator

Estimated Monthly Cost

$2,793

30 year fixed·6.9% interest rate
Principal & Interest
$2,239
Property Taxes
$354
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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