1947 E Raymond Street, Phoenix, AZ 85040
- $416,900
- 4
- BD
- 4
- BA
Courtesy of RE/MAX Excalibur. 480-355-3500
- List Price
- $416,900
- Status
- ACTIVE
- Days on Market
- 9
- MLS#
- 7074366
- Subtype
- Multiple Dwellings
- Year Built
- 2020
- Bedrooms
- 4
- Bathrooms
- 4
- Subdivision
- Progress Place
Property Description
*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.
Additional Information
- Taxes
- $3,491
- Zoning
- R3
- Appliances
- Built-In Range, Refrigerator, Disposal, Microwave, W/D Hookup, Built-In Electric Oven
- Heating
- Electric, Central
- Air Conditioning
- Central Air, Electric, Ceiling Fan(s)
- Exterior Construction
- Wood Frame, Painted, Stucco
- Parking Features
- 1 Space/Unit, Attached Garage
- Elementary School
- Percy L Julian School
- Middle School
- Percy L Julian School
- High School
- South Mountain High School
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