About The Property

Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this low-maintenance
Courtesy of RE/MAX Excalibur 480-355-3500
Listing Snapshot
Days Online
74
Last Updated
Property Type
Multiple Dwellings
Beds
5
Year Built
2023
MLS Number
7039988
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Building
Built in 2023, Construction materials: Wood Frame, Stucco, 2 total units
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual
Expenses
Insurance: $796, Maintenance: $200, Water sewer: $1,854
Floors
Tile, Carpet
Heating
Electric
Parking
Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport, 4 total parkings
Property
Zoning: R3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $4,284, Lot: 14
Utilities
SRP, Individual Meter
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30 Days Snapshot Of 85040
$345k
-5%
(avg) sold price
12
+50%
homes sold
75
+38%
(avg) days on market
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Monthly Payment
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