About The Property

OFFERED WITH RARE ASSUMABLE INSTITUTIONAL FINANCING at 4.875% -$1.323M IN-PLACE DEBT THIS DUPLEX IN MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY WITH BELOW -MARKET DEBT. The sale consists of 2 mirrored 2603 sq,ft. units, with one loan and a single APN #. The homes feature Identical 3 level 4 bed, 3,5 baths layouts w loft and entertainer's dream roof deck with views. Roof deck has detached casita that can serve as 4 bedroom/office. Proximity to light rail, medical centers, hospitals University campus and business hubs provide high tenant demand as do flexible short term /long term rental strategies. IDEAL FOR INVESTORS,OWNER OCCUPANTS, OR 1031 EXCHANGERead MoreRead Less
Courtesy of Coldwell Banker Realty 602-954-6888
Listing Snapshot
Days Online
86
Last Updated
Property Type
Multiple Dwellings
Year Built
2022
MLS Number
6964977
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
"Free-Standing Range", "Disposal", "Dishwasher", "Refrigerator", "Microwave", "Washer/Dryer"
Building
Built in 2022, Construction materials: "Lap Siding", "Wood Frame", "Siding", "Stucco", 2 total units
Cooling
"Central Air", "Ceiling Fan(s)"
Expenses
Electric: $1,440, Fuel: $960, Insurance: $1,392, Water sewer: $1,220
Exterior Features
"Sidewalk(s)"
Floors
"Ceramic Tile", "Wood"
Heating
"Electric"
Interior Features
"Wet Bar"
Parking
"Attached Garage", "Garage Door Opener", 4 total parkings
Property
Zoning: R-4
Roof
"Tile", "Built-Up"
Security Features
"Security Light(s)", "Security Alarm(s)"
Sewer
"Public Sewer"
Taxes
Annual amount: $11,484, Lot: 1
Utilities
"APS"
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30 Days Snapshot Of 85013
$523k
-18%
(avg) sold price
20
-9%
homes sold
66
-15%
(avg) days on market
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