204 E Hatcher Road, Phoenix, AZ 85020
- $850,000
- 6
- BD
- 50
- BA
- List Price
- $850,000
- Status
- ACTIVE
- Days on Market
- 64
- MLS#
- 7045330
- City
- Phoenix
- Bedrooms
- 6
- Bathrooms
- 50
- Year Built
- 2006
Property Description
204 E Hatcher Road presents a rare opportunity to acquire a well-maintained duplex in a strong North Central Phoenix location. Built in 2006, the property features two spacious 3-bed/2.5-bath units averaging approximately 1,788 square feet each, offering the feel of a single-family home with the convenience of rental living. Currently occupied by strong government-subsidized tenants paying $2,772 per month, each unit includes an attached two-car garage, private backyard, in-unit washer & dryer, and individually metered utilities, including water. Located in a desirable pocket of Sunnyslope near North Mountain Park & Preserve, HonorHealth John C. Lincoln Medical Center, shopping, dining, & major employment corridors, the property offers strong appeal for both investors and owner-occupants.
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Additional Information
- Taxes
- $3,154
- Net Operating Income
- $59,722
- Cap Rate
- 7.03
- Units
- 2
- Parking Features
- >1 Space Per Unit
- Construction
- Wood Frame, Stucco
- Roofing
- Tile, Concrete
- Cooling
- Central Air, Electric
- Heating
- Electric, Heat Pump, Central
- Zoning
- R-5
- Community Features
- No Pool
- Electric
- APS, Individual Meter
- Water
- City Franchise, Individual Meter
- Tenant Pays
- Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, No Carry, Cash
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Listing courtesy of ABI Multifamily.
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