1947 E RAYMOND Street

Phoenix, AZ 85040

Phoenix, AZ 85040

1947 E RAYMOND Street

$416,900

MLS#: 7074366

Status: Active Under Contract

Listing provided by: RE/MAX Excalibur

Listing agent phone: None

Last update: 16 days ago

On site: a month ago

PROGRESS PLACE - Residential Income

About

*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.

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

2020

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Garage

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $416,900

  • Tax Amount

    $3,491

  • Financing Options

    FHA

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Roosevelt Elementary District

  • Middle School

    Percy L Julian School

  • High School

    South Mountain High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    20

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Roosevelt Elementary District

  • Middle School

    Percy L Julian School

  • High School

    South Mountain High School

Listing Courtesy of Dean Selvey, RE/MAX Excalibur

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1947 E RAYMOND Street

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