About The Property

Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures. Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopmentRead MoreRead Less
Courtesy of West USA Realty 602-942-4200
Listing Snapshot
Days Online
69
Last Updated
Property Type
Multiple Dwellings
Year Built
1936
MLS Number
7042693
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Free-Standing Range, Refrigerator, Microwave
Building
Built in 1936, Construction materials: Painted, Stucco, Block, 2 total units
Cooling
Central Air, Ceiling Fan(s), Electric
Expenses
Insurance: $1,300, Maintenance: $3,000
Floors
Ceramic Tile, Vinyl, Concrete
Heating
Central
Parking
Free, Add'l Parking Avail, >1 Space Per Unit, Carport, 8 total parkings
Property
Zoning: R-2
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $1,932, Lot: 13
Utilities
Other (See Remarks), City Electric
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30 Days Snapshot Of 85034
$250k
+6%
(avg) sold price
3
+50%
homes sold
102
+82%
(avg) days on market
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Monthly Payment
$0

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