1732 E Wood Street, Phoenix, AZ 85040

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List Price
$489,900
Status
ACTIVE
Days on Market
137
MLS#
7039988
Subtype
Multiple Dwellings
Year Built
2023
Bedrooms
5
Bathrooms
3
Subdivision
Belmont Park

Property Description

OWN A DUPLEX WITH LITTLE OR NO MONEY DOWN! Qualified buyers may be eligible for Down Payment Assistance programs offering ZERO DOWN PAYMENT! Live in one unit and rent the other to offset your mortgage payment. FHA, VA and conventional financing available, making this an exceptional opportunity for owner-occupants and investors! Built in 2022, this well-maintained duplex is fully leased with dependable, on-time tenants. Annual income of approximately $34,000 with an attractive 7% CAP rate. Tenants pay electric; owner pays water and sewer. Both units feature wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds and contemporary finishes. Ideal for affordable homeownership or investors seeking immediate rental income. Cash and 1031 exchange buyers too

Additional Information

Taxes
$4,284
Zoning
R3
Appliances
Built-In Range, Refrigerator, Dishwasher, Disposal, Microwave, W/D Hookup, Built-In Electric Oven
Heating
Electric
Air Conditioning
Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s)
Exterior Construction
Wood Frame, Stucco
Parking Features
Carport, >1 Space Per Unit, Attached Carport
Elementary School
Percy L Julian School
Middle School
Percy L Julian School
High School
South Mountain High School

Courtesy of RE/MAX Excalibur. 480-355-3500

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