2221 N 27th Street, Phoenix, AZ 85008

$985,000
8
BD
5
BA

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List Price
$985,000
Status
ACTIVE
Price Change
▼ $14,999 1781054718
Days on Market
122
MLS#
7015971
City
Phoenix
Bedrooms
8
Bathrooms
5
Year Built
1957

Property Description

Welcome to a truly exceptional and rare real estate opportunity! Single story 4 bed/3 bath mainhome with 2 additional detached rental units on property. Don't miss your chance to acquire this fully remodeled, permitted triplex-a property that defines 'turnkey' and offers income-generating potential. Whether you're the Savvy Investor looking for a remodeled, clean income-generating property or a Smart Owner-Occupant that lives in a 4-bed main house and rents out rental units to offset the mortgage. 27th Street is a Money Maker in multiple ways. The main house yard is large enough to build even more if desired. Each unit has its own private yard, entrance, and parking. This prime location provides easy access to Phoenix Downtown, Airport and Shopping.

Additional Information

Taxes
$1,983
Net Operating Income
$71,817
Cap Rate
7.29
Units
3
Parking Features
Paved, Carport, >1 Space Per Unit, Assigned
Construction
Wood Frame, Painted, Stucco, Brick Veneer, Siding
Roofing
Tile, Composition
Cooling
Electric, Ceiling Fan(s)
Heating
Electric
Zoning
R-3
Exterior Features
Sidewalk(s)
Subdivision
East Thomas Road Tr 4
Community Features
No Pool
Electric
SRP
Water
City Franchise
Tenant Pays
Water, Sewer, Electricity, Trash Collection, Cable TV
New Financing
VA Loan, FHA, Conventional, Cash
Elementary School
The Creighton Academy
Middle School
The Creighton Academy
High School
Metro Tech High School

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Calculator source: Real Geeks

Listing courtesy of Compass.

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