2032 W Cypress Street, Phoenix, AZ 85009
- $454,900
- List Price
- $454,900
- Status
- ACTIVE
- Price Change
- ▼ $20,000 1779837685
- Days on Market
- 123
- MLS#
- 7014410
- City
- Phoenix
- Year Built
- 1952
Property Description
Fantastic Investor opportunity! Perfect for the seasoned investor to add to their portfolio or an owner-occupant who wants passive income from stabilized rents. Each unit is a 1 bedroom, 1 bathroom with the front and rear units (2034 W Cypress St) sharing a rear yard and 2032 W Cypress St enjoying a private yard and gated, covered parking. All appliances and lockable storage shed in the rear yard are landlord owned and convey in sale. This is a solid property that's ready for its new owner. Reach out with any questions.
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Additional Information
- Taxes
- $971
- Net Operating Income
- $33,877
- Cap Rate
- 7.13
- Units
- 3
- Parking Features
- Carport, On Street, >1 Space Per Unit, RV Access/Parking, Attached Carport
- Construction
- Brick, Painted
- Roofing
- Composition
- Cooling
- Central Air
- Heating
- Natural Gas
- Zoning
- R1-6
- Subdivision
- Villa Verde Acres
- Community Features
- No Pool
- Electric
- APS, Master Meter, Submetered System
- Water
- City Franchise
- Sewer
- Sewer-In & Connected
- Tenant Pays
- Electricity, Gas, Cable TV
- New Financing
- FHA, Conventional, Cash
- Elementary School
- Capitol Elementary School
- Middle School
- Capitol Elementary School
- High School
- Central High School
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Listing courtesy of eXp Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.