About The Property

Excellent investment opportunity in the heart of Phoenix! This well-maintained duplex offers immediate cash flow with two spacious units already occupied. Unit 1 features 3 bedrooms and 2 bathrooms and is currently rented for $2,000/month. Unit 2 offers an expansive 5-bedroom, 3-bathroom floor plan and is currently rented for $2,325/month, generating a combined monthly income of $4,400. Conveniently located near Downtown Phoenix, I-17, I-10, schools, parks, shopping, and dining, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. Don't miss this versatile, income-producing property with strong upside potential!
Courtesy of HomeSmart 602-230-7600
Listing Snapshot
Days Online
53
Last Updated
Property Type
Multiple Dwellings
Year Built
1990
MLS Number
7052170
M. Logan
Top 2% performing AZ broker
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Additional Details

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Building
Built in 1990, Construction materials: Wood Frame, Painted, 2 total units
Cooling
Central Air
Expenses
Insurance: $1,500, Maintenance: $500
Heating
See Remarks
Parking
None, 2 total parkings
Property
Zoning: R-3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $1,496, Lot: 15
Utilities
APS
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30 Days Snapshot Of 85009
$231k
-24%
(avg) sold price
9
-40%
homes sold
50
-37%
(avg) days on market
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Monthly Payment
$0

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