Photo 1 of 1
$220,000
Sold on 5/20/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$778 |
1952 |
On the market:
144 days
|
View full details, 15 photos, school info, and price history
Passive income at its finest with this truly ''turnkey'' duplex just outside of Phoenix Metro. Where else can you find a fully remodeled duplex with a CAP rate hovering at 9%!! Each unit is complete with 3 beds, 2 baths, tankless water heaters, granite counters, new cabinets, newer Trane AC units and each unit their own 200 amp electric meters. Owner only pays water and sewer! Established tenants paying $995 each making the gross income of this building nearly $24k/yr. There is a massive housing shortage in this area with more so on the horizon with the new copper mine opening in less than 3 years. This property has everything you could want-it's turnkey, fully rented,remodeled in the past year, high rents/cap rate, and massive upside with continued shortage of housing in the area. This one will go fast!!
Listing courtesy of Teresa Perrine, Go 4 Cash Flow