1732 E Wood Street, Phoenix, AZ 85040
- $489,900
- 5
- BD
- 3
- BA
- List Price
- $489,900
- Days on Market
- 92
- Status
- ACTIVE
- MLS#
- 7039988
- City
- Phoenix
- Bedrooms
- 5
- Bathrooms
- 3
- Subdivision
- Belmont Park
- Year Built
- 2023
Property Description
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.
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Additional Information
- Elementary School
- Percy L Julian School
- High School
- South Mountain High School
- Middle School
- Percy L Julian School
- Community Features
- No Pool
- Construction
- Wood Frame, Stucco
- Cooling
- Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s)
- Electric
- Individual Meter, SRP
- Heating
- Electric
- New Financing
- Conventional, 1031 Exchange, Cash
- Parking Features
- Carport, >1 Space Per Unit, Attached Carport
- Roofing
- Composition
- Subdivision
- Belmont Park
- Taxes
- $4,284
- Tax Year
- 2026
- Tenant Pays
- Electricity, Landscaping
- Units
- 2
- Water
- City Franchise
- Zoning
- R3
Courtesy of RE/MAX Excalibur. 480-355-3500
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