Listing ID6434463
Sold For$550,000
StatusClosed
Sold Date9/15/2022
CountyMaricopa
SubdivisionPEILA HOMES
Year Built2003
Property TypeMultiple Dwellings
Fantastic opportunity to own this fully fenced duplex with tons of landscaping potential! Large front yard and lots of parking area for each unit! Both units have received full interior remodels with trending palette, gorgeous wood-look flooring, tall ceilings, and a spacious living room. One unit is rented for $2350/month, the other unit is vacant. Great opportunity to an owner occupant to have their mortgage paid for or an investor to rent out both units and receive even higher rental income. This property can also be utilized as an Airbnb due to its proximity to the airport. Call listing agent for more information. Drive by only until accepted contract.
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
PEILA HOMES
Year Built
2003
Zoning
MULTI
4 Bedrooms Units # Baths
2
4 Bedrooms Units Avg SqFt
1250
Cooling
Electric, Ceiling Fan(s)
Cooling
yes
Heating
Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
Head east on E Broadway Rd, turn left onto S 24th St, & turn right onto E Jones Ave. The property is on the right.
Elementary School
Irene Lopez Elementary School
Elementary School District
Roosevelt Elementary District
General Property Description Elementary School
Irene Lopez Elementary School
General Property Description Elementary School District2
Roosevelt Elementary District
General Property Description High School
South Mountain High School
General Property Description High School District
Phoenix Union High School District
General Property Description Jr High School
Irene Lopez Elementary School
High School
South Mountain High School
High School District
Phoenix Union High School District
Middle Or Junior School
Irene Lopez Elementary School
Postal City
Phoenix
Township
1N
Water Source
City Franchise
Attached Garage
no
Construction Materials
Painted, Stucco, Frame - Wood
Electric
APS
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
7798
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
2
Lot Size Dimensions
7798
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
2
Parking Features
>1 Space Per Unit
Parking Total
2
Road Surface Type
Gravel, Asphalt
Roof
Composition
Sewer
Public Sewer
Mls Status
Closed
Public Survey Range
3E
Public Survey Section
23
4 Bedrooms Units Avg Rent
2350
Cap Rate
9.19
Disclosures
Seller Prop Disc Stm
Gross Income
56400
Gross Scheduled Income
56400
Listing Terms
Conventional
Net Operating Income
55145
Operating Expense
1255
Owner Pays
None
Tax Annual Amount
1255
Tax Book Number
122.00
Tax Lot
18
Tax Year
2021
Tenant Pays
Trash Collection, Electricity, Water
Contact - Listing ID 6434463
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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