521 W MARIPOSA Street Phoenix, AZ 85013

Prepare to be absolutely delighted by this one-of-a-kind infill tri-plex-generational home! This is a rare find in a coveted Central Phoenix location, putting you moments from everything wonderful the city has to offer. This charming property brilliantly blends gorgeous 1930s character with the joy of modern, move-in-ready living, making it perfect for both a stellar investment or a heartwarming generational home!

Highlights of this Remodeled Gem: Beautifully Remodeled Units: Every unit has been very nicely remodeled! Forget the hassle of renovations—each space has been thoughtfully updated to provide modern comfort and style. The Main Home is a Showstopper! (2BD/1BA, 1,031 sq ft) Featuring vaulted ceilings that lift the spirit, stunning hardwood floors, custom cabinets, slab countertops, a gas cooktop with SS Bosch and Kitchen Aid appliances, and two cozy fireplaces (interior gas and patio is wood burning) for those perfect evenings. Plus, it includes a private courtyard, paver patio, and its own garage!

Wonderful Secondary Units: Units 1 & 2 (1BD) feature private patios, nicely updated kitchens and baths, and stylish tile floors. They are independently comfortable with mini-split or wall ACs and separate electric meters.

Rock-Solid Investment: With a new roof and electrical completed in 2017, the major work is done! Projected rents are fantastic: \$2,100 for the main unit and \$1,200 for each 1BD unit (apprx.556 sq ft each) a perfect blend of charm, unbeatable location, and amazing cash flow! Whether you dream of living in the beautiful main home while enjoying fantastic rental income, or providing gorgeous, separate living spaces for extended family, this property is a rare and joyful solution.

Do not miss out on this generational treasure! More details below!


Property

Sprinkler system and city irrigation available
Electric or Smart Open/Close driveway gate
Each home has its own private patio
Entire property fenced
Wrought iron surrounding front property
Block wall surrounding back property


Main home

2 bed/1 bath
Fully renovated 2017
New premium wood hardwood floors
Bosch and Kitchen Aid appliances
Smart Home technology main home (Lights, garage opener, property lights)
LED dimmable lighting
Hidden electrical sockets in kitchen and bath
Interior Gas fireplace
On demand gas water heater
Exterior wood burning fireplace
Gas grill
1 car garage with cabinetry and tons of storage space


Unit 1:

1 bed/1 bath
Fully renovated 2022
All new windows and doors
LVP flooring throughout excluding bath
All new cabinetry and quartz countertops
All new Whirpool appliances (refrigerator, stove, microwave)
2 Mini splits (great room and bedroom)
Heating unit in bathroom
LED dimmable lighting
Smart Home features
On demand electric water heater
Separate electric


Unit 2 -

1 bed/1 bath
Renovated in 2022
2 Mini splits (great room and bedroom)
All new LG appliances (refrigerator, stove, microwave, dishwasher)
LVP flooring throughout excluding bath
Fully renovated bathroom
Smart Home features
Separate electric and gas
On demand gas water heater
Gas stove