1732 E WOOD Street, Phoenix, AZ 85040

Phoenix, AZ 85040

$489,900

  • 5 Beds
  • 3 Baths
  • MLS #7039988

Listing courtesy of RE/MAX Excalibur

Down Payment Assistance programs are available for this duplex, with qualifying. Live in one side and use the other to offset your monthly payment! Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is fully leased with reliable, on-time tenants who pay their own electric. Landlord pays water and sewer. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout.

Listing information provided courtesy of Arizona Regional Multiple Listing Service (ARMLS).

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.