Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures.Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification.Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment. Whether youre looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.
Listed By
Agency Name: West USA Realty
Agency Phone: 602-942-4200
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 1,960.32 per month $1,590.83 Principal & Interest $161.00 Property Tax $208.48 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1301 E Durango Street | MLS# 7042693
This multi-family property located at 1301 E Durango Street, Phoenix, AZ 85034 is currently listed for sale with an asking price of $714,800. E Durango Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.