1802 W Sherman Street, Phoenix, AZ 85007
- $570,000
- 8
- BD
- 4
- BA
- List Price
- $570,000
- Status
- ACTIVE
- Price Change
- ▼ $2,500 1786414612
- Days on Market
- 128
- MLS#
- 7037205
- City
- Phoenix
- Bedrooms
- 8
- Bathrooms
- 4
- Year Built
- 2006
Property Description
Investor Special! This duplex offers 4 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied--do not disturb years at no cost to the buyer or seller.
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Additional Information
- Taxes
- $1,549
- Net Operating Income
- $40,800
- Cap Rate
- 7.16
- Units
- 2
- Flooring
- Other
- Parking Features
- Free, Paved, >1 Space Per Unit, RV Access/Parking
- Construction
- Wood Frame, Painted, Stucco
- Roofing
- Composition
- Cooling
- Central Air, 2 or More Units
- Heating
- Zoned, Heat Pump, Central
- Zoning
- C-3 Phx, CG Cnty
- Subdivision
- Wise Add
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection, Cable TV
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, Cash
- Elementary School
- Ralph Waldo Emerson Elementary School
- Middle School
- Ralph Waldo Emerson Elementary School
- High School
- Central High School
Courtesy of eXp Realty. 602-475-9545
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