1724 S 1st Street, Phoenix, AZ 85004
- $699,900
- 6
- BD
- 4
- BA
- List Price
- $699,900
- Status
- ACTIVE
- Price Change
- ▼ $25,000 1787256320
- Days on Market
- 60
- MLS#
- 7053495
- City
- Phoenix
- Bedrooms
- 6
- Bathrooms
- 4
- Year Built
- 2025
Property Description
SELLER OFFERING $12,000 IN CLOSING CONCESSIONS! Use toward an interest-rate buydown or eligible closing costs. Built in 2025 with $70K+ in premium custom upgrades, this turnkey Central Phoenix duplex features two spacious 3BR/2BA units. Interior highlights include tile flooring throughout, high-efficiency spray foam insulation, private laundry rooms, and all appliances. Exterior features include a gated/fenced front yard, covered outdoor pergola with ceiling fans, artificial turf, privacy ficus trees, and separate RV gates. Unit 2 boasts newly renovated bathrooms. Separate electric meters; tenants pay water, sewer, and electric. Strong income potential with multiple rental strategies. Perfect for investors or owner-occupants!
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Additional Information
- Taxes
- $660
- Net Operating Income
- $58,530
- Cap Rate
- 8.36
- Units
- 2
- Flooring
- Ceramic Tile
- Parking Features
- Carport, >1 Space Per Unit
- Construction
- Wood Frame, Stucco
- Roofing
- Composition
- Cooling
- Central Air, Electric, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R-3
- Subdivision
- Cope Add Blks 7-10
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Tenant Pays
- Water, Sewer, Electricity
- New Financing
- VA Loan, FHA, Conventional, Cash
- Elementary School
- Silvestre S Herrera School
- Middle School
- Silvestre S Herrera School
- High School
- Central High School
Courtesy of AZ Realty & Rentals. 520-356-5500
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