1050 W Polk Street Unit 1 & 2, Phoenix, AZ 85007

$860,000
List Price
$860,000
Status
ACTIVE
Days on Market
21
MLS#
6716074
City
Phoenix
Year Built
2021

Property Description

3 year old duplex located in Historic Downtown Phoenix! Both units include 3 bedrooms, 2.5 bathrooms, a spacious open floor plan and large master suite. Kitchen has all the upgrades a tenant would ever want with beautiful quartz countertops, a large island, stainless steel appliances, and all white cabinets. In Unit Washers & Dryers included. 1 car detached garage for EACH unit and shared private yard. Central location provides access to all downtown amenities and light rail. Active leases on both units. New FHA rule allows for only 5% down for Primary Residence & collect rent to assist in Mortgage Payment. You will not find a newer-nicer duplex in this price range!

Additional Information

Taxes
$4,886
Net Operating Income
$43,159
Cap Rate
5.02
Units
2
Flooring
Vinyl
Parking Features
Paved Parking, Assigned, >1 Space Per Unit, Street Parking
Construction
Siding, Painted, Stucco, Frame - Wood
Roofing
Composition
Cooling
Electric, Ceiling Fan(s)
Heating
Electric
Zoning
R-5
Subdivision
University Addition
Community Features
No Pool
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Trash Collection, Electricity, Water, Cable TV
New Financing
Conventional, 1031 Exchange, FHA, VA Loan
Elementary School
Constitution Elementary School
Middle School
Capitol Elementary School
High School
Central High School
School District
Phoenix Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.