1947 E Raymond Street, Phoenix, AZ 85040

$416,900
  • 1947 E Raymond Street, Phoenix, AZ 85040 Main Photo

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New to the Market Active
BEDS4 BATHS MLS#7074366
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPROGRESS PLACE SCHOOLPhoenix Union High School District

Property Description

*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 propertys shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.

1947 E Raymond Street | MLS# 7074366

This multi-family property located at 1947 E Raymond Street, Phoenix, AZ 85040 is currently listed for sale with an asking price of $416,900. E Raymond Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Ceiling Fan(s)
Heating: Electric, Central
Roof Type: Composition
Taxes: $3,491
Year Built: 2020

Feature Descriptions

Community Features: See Remarks
Exterior: Wood Frame, Painted, Stucco
Parking: 1 Space/Unit, Attached Garage
Water: City Franchise

Local Schools

High School: South Mountain High School
Middle School: Percy L Julian School
Elementary School: Percy L Julian School
School District: Phoenix Union High School District

Listed By / Shown By

Listed By

Agency Name: RE/MAX Excalibur
Agency Phone: 480-355-3500

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 1,340.35 per month $927.84 Principal & Interest $290.92 Property Tax $121.60 Homeowner's Insurance

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