Income-producing duplex opportunity in Phoenix! This well-maintained property has been remodeled inside and offers two separate units with flexibility for investors or an owner-occupant looking to offset monthly expenses with rental income. One unit is currently tenant-occupied, providing immediate rental income, while the second offers additional rental or owner-occupancy potential.… Read More The property has seen extensive infrastructure improvements, including electrical redone in 2018 and replaced sewer, gas, and water lines. Approximately 12-14 inches of blown insulation has been added in the attic, and the city replaced the gas lines approximately two years ago. The property also features three separate electrical and gas meters serving Unit 1, Unit 2, and the ADU, which includes the laundr room for Unit 1.
Conveniently located near Downtown Phoenix with easy access to major freeways, shopping, dining, and entertainment. A unique opportunity to own a remodeled and well-maintained multifamily property with existing income and additional potential. Read Less
Courtesy of eXp Realty 888-897-7821
Listing Snapshot
Days Online
15
Last Updated
Beds
4
Year Built
1960
MLS Number
7082250
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer
Building
Built in 1960, 2 buildings, Construction Materials: Painted, Stucco, Block
Community
No Pool
Cooling
Central Air, Ceiling Fan(s), Window/Wall Unit
Disclosures
None
Expenses
Operating: $777
Floors
Tile
Heating
Natural Gas
Income
Gross Income: $37,620, Gross ScheduledIncome: $39,600, Net Operating Income: $36,843
Lot
Dimensions: 6754
Owner Pays
Trash Collection, Water, Sewer, Landscaping
Parking
3 covered spaces, 3 open parking spaces, 6 total parking spaces, Attached Carport, Paved, On Street, Carport
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 121-79-157, Public Survey Range: 3E, Public Survey Section: 2, Annual Amount: $777, Tax Book Number: 121.00, Legal Description: ELSINORE, Lot: 7, Year: 2025, Zoning: R-3
Utilities
Water Source: City Franchise, APS
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