Single Family · For Sale

1201 E Griswold Road

Phoenix, Arizona 85020

$675,000
Bedrooms
7
Bathrooms
4
Sq Ft
—
Year Built
1957

About this home

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!

Where this home sits

What would my payment be?

Pre-filled with current rates and local property tax — adjust any field to see your actual monthly cost.

Estimated monthly payment
$4,033/mo
Principal & interest
$3,593
Property tax
$349
Insurance
$92

Estimate only — actual payment depends on credit, lender, and taxes/insurance verified at close. Not a loan offer.

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Listing data provided by Arizona Regional Multiple Listing Service (ARMLS). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified.