6226 N 14th Street, Phoenix, AZ 85014
- $879,990
- 5
- BD
- 3
- BA
- List Price
- $879,990
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 7095796
- City
- Phoenix
- Bedrooms
- 5
- Bathrooms
- 3
- Year Built
- 1959
Property Description
Assume a 2.50% fixed-rate VA loan in a 7% market! Veteran and non-veteran buyers may assume with lender approval, potentially saving thousands versus new financing. This North Central Phoenix duplex offers 2,541 sf on a rare quarter-acre lot. Unit A is a single-family-sized 3 bed/2 bath home with an open great room and island kitchen; Unit B is a 2 bed/1 bath; the 2-car garage rents separately for added income. Major updates done: 2023 roof restoration with 5-yr workmanship warranty, dual-pane windows (2023), permitted electrical upgrade (2021), and in-unit laundry in both homes. Live in one unit and let the other help pay the mortgage, or hold as a cash-flowing rental with built-in rent upside. Opportunities like this are rare!
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Additional Information
- Taxes
- $2,737
- Net Operating Income
- $41,527
- Cap Rate
- 4.72
- Units
- 2
- Flooring
- Ceramic Tile
- Parking Features
- Carport, >1 Space Per Unit, Assigned
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Heat Pump, Ceiling Fan(s)
- Heating
- Electric, Heat Pump, Varies by Unit
- Zoning
- Multi
- Subdivision
- Rose Lane Terrace
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- New Financing
- Cash to Loan, VA Loan, FHA, Conventional, 1031 Exchange, Owner May Carry, Cash
Courtesy of eXp Realty. 888-897-7821
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