The Condo Mania Team
Phoenix Condo ManiaMLS: 6870872 $198,000
1 Bedroom with 1 Bath7109 W WOLF STREET
PHOENIX AZ 85033MLS: 6870872
Status: ACTIVE WITH CONTINGENCY
List Price: $198,000
Price per SQFT: $317
Square Footage: 6251 Bedroom
1 Bath
Year Built: 1963
Zip Code: 85033
Listing Remarks
Excellent investment opportunity with a 6.5% cap rate and steady income stream. This charming end-unit, single-level patio home presents an outstanding opportunity for investors or first-time buyers seeking immediate cash flow and long-term appreciation. Currently leased at $1,150/month on a 12-month contract with a flexible tenant willing to extend or vacate depending on the buyer's preference making it ideal for both income seeking investors and owner occupants. Situated in a well-maintained community, this unit features: Gated private patio with additional storage Contemporary cabinetry and tile flooring throughout Central A/C and heating, ceiling fans, and screen door for year-round comfort Two private parking spaces Abundant storage space Prime Investment Opportunity! Turnkey Patio Home with Stable Rental Income. This charming end unit, single level patio home presents an outstanding opportunity for investors or first time buyers seeking immediate cash flow and long term appreciation. Currently leased at $1,150/month on a 12-month contract with a flexible tenant willing to extend or vacate depending on the buyer's preference making it ideal for both income seeking investors and owner occupants. Situated in a well maintained community, this unit features: Gated private patio with additional storage Contemporary cabinetry and tile flooring throughout Central A/C and heating, ceiling fans, and screen door for year-round comfort Two private parking spaces Abundant storage space Convenient location close to shopping, restaurants, grocery stores, banks, and more. This low-maintenance property offers consistent rental potential and minimal vacancy risk due to its desirable layout and unbeatable location. Whether you're expanding your portfolio or purchasing your first investment, this home delivers reliable returns in a strong rental market.
Address: 7109 W WOLF STREET PHOENIX AZ 85033
ARMLS ZHOBIN JAWANMARDI of COMPASS
Condo Mania Agent
Melody Holehan-Kopas
HomeSmart
Real Estate Agent
Phone: 623-910-5788
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Listing Details
STATUS: Active Under Contract PROPERTY TYPE: Residential PROPERTY SUB TYPE: Patio Home LISTING CONTRACT DATE: 2025-05-23 BEDROOMS: 1 BATHROOMS: 1 LIVING AREA SQ FT: 625 LIVING AREA SOURCE: Assessor YEAR BUILT: 1963 TAXES: $272 HOA/MGMT CO: Holiday Gardens HOA/MGMT PHONE: 602-577-7499 HOA FEES FREQUENCY: Monthly HOA FEES: $106 HOA INCLUDES: Maintenance Grounds, Street Maint, Trash COMMUNITY FEATURES: Playground BUILDER NAME: Unknown CONSTRUCTION: Painted, Block EXTERIOR FEATURES: Storage FIREPLACE: None FLOORING: Carpet, Laminate, Tile HEATING: Electric COOLING: Central Air, Ceiling Fan(s) INTERIOR FEATURES: Pantry, Full Bth Master Bdrm, Laminate Counters LAUNDRY FEATURES: Wshr/Dry HookUp Only LOT FEATURES: Grass Front # GARAGE SPACES: 0 # CARPORT SPACES: 0 PARKING FEATURES: Assigned COMMON WALLS: 1 Common Wall ROOF: Composition STORIES TOTAL: 1 LEGAL DESCRIPTION: LOT 65 MARYVALE TERRACE NO. 33 TRACT A MCR 010149 LISTING AGENT: ZHOBIN JAWANMARDI LISTING OFFICE: COMPASS LISTING CONTACT: 602-828-4995
Estimated Monthly Payments
List Price: $198,000 20% Down Payment: $39,600 Loan Amount: $158,400 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,001 Estimate does not include taxes, fees, insurance.
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Property Location: 7109 W WOLF STREET PHOENIX AZ 85033
This Listing
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Condo Mania Agent
Kristy McCullough
HomeSmart
Real Estate Agent
Phone: 602-999-2246
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ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on information from the Arizona Regional Multiple Listing Service. Copyright © 2025. Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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Last Updated: 2025-06-18 01:01:47