$425,000
$425,000
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SOLD DATE : 09/29/2021
Key Details
Sold Price $425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oakland Historic District
MLS Listing ID 6280656
Sold Date 09/29/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1930
Annual Tax Amount $981
Tax Year 2020
Lot Dimensions 8,700 sqft
Property Description
Nicely updated duplex in the Oakland Historic District! Great investment / Cash flow opportunity. Unit A is currently rented through 03/2022 at $1227/month. You've got a few options: #1: LIVE in Unit B and use the rent you'll collect from Unit A to help offset and pay for your mortgage payment! Brilliant! Option #2: Rent out both units and collect $2400+ / month. Equally as Brilliant! Both units have recently been updated so that leaves little to no work to do for the new buyer! Each unit has it's own HVAC unit, laundry and separate electric meters. One water meter for both units that is paid for by the owner. Located just down the street from the Roosevelt Arts District and everything else booming downtown Phoenix has to offer. Up and coming area! Plenty of parking onsite or off street.
Location
State AZ
County Maricopa
Community Oakland Historic District
Zoning R-5
Interior
Appliance FS OvenRange, WasherDryer
Exterior
Garage >1 Space Per Unit, Street Parking
Roof Type Composition
Total Parking Spaces 2
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-24-134
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing VA
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