About The Property

Outstanding turnkey investment opportunity! One of two side-by-side duplexes built in 2025, this well-designed property features two-story 3-bedroom, 2.5-bath residences, each with a tandem 2-car garage. Fully leased and stabilized with excellent tenants paying $2,300 per month per unit. Produces approximately $43,000 in annual NOI based on trailing 12-month expenses, reflecting an attractive 6% CAP rate. FHA, VA, conventional, cash, and 1031 buyers are welcome. Investors will love the cash flow, but don't overlook the opportunity for an owner-occupant. Owner pays water only. Upgraded finishes include wood-look plank tile, Samsung stainless appliances, 42'' cabinetry, tiled shower surrounds, and dual-pane windows.
Courtesy of RE/MAX Excalibur 480-355-3500
Listing Snapshot
Days Online
68
Last Updated
Property Type
Multiple Dwellings
Beds
6
Year Built
2025
MLS Number
7039557
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Building
Built in 2025, Construction materials: Wood Frame, Stucco, 2 total units
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual
Expenses
Insurance: $1,040, Water sewer: $3,351
Floors
Tile, Carpet
Heating
Electric
Parking
Attached Garage, Add'l Parking Avail, Garage Door Opener, >1 Space Per Unit, 4 total parkings
Property
Zoning: R3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $2,490, Lot: 74
Utilities
SRP, Individual Meter
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30 Days Snapshot Of 85040
$381k
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