1732 E WOOD Street, Phoenix, AZ 85040
1732 E WOOD Street, Phoenix, AZ 85040
1732 E WOOD Street, Phoenix, AZ 85040
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$489,900
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5 Beds
Active

1732 E WOOD Street Phoenix, AZ 85040

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Park

MLS Listing ID 7039988

Bedrooms 5

Maintenance Fees $200

Year Built 2023

Annual Tax Amount $4,284

Tax Year 2026

Lot Dimensions 7353 SF

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

OWN A DUPLEX WITH LITTLE OR NO MONEY DOWN! Qualified buyers may be eligible for Down Payment Assistance programs offering ZERO DOWN PAYMENT! Live in one unit and rent the other to offset your mortgage payment. FHA, VA and conventional financing available, making this an exceptional opportunity for owner-occupants and investors! Built in 2022, this well-maintained duplex is fully leased with dependable, on-time tenants. Annual income of approximately $34,000 with an attractive 7% CAP rate. Tenants pay electric; owner pays water and sewer. Both units feature wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds and contemporary finishes. Ideal for affordable homeownership or investors seeking immediate rental income. Cash and 1031 exchange buyers too

Location

State AZ

County Maricopa

Community Belmont Park

Area Maricopa

Zoning R3

Interior

Heating Electric

Cooling Central Air, Ceiling Fan(s), Heat Pump, Varies by Unit

Flooring Carpet

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup

Exterior

Parking Features Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Percy L Julian School

Middle Schools Percy L Julian School

High Schools South Mountain High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 122-19-046

Ownership Fee Simple

Acceptable Financing Cash, Conventional, 1031 Exchange

Disclosures None

Listing Terms Cash, Conventional, 1031 Exchange


Arizona Regional MLS (ARMLS)
Listed by RE/MAX Excalibur • Dean Selvey

I CAN HELP YOU MAKE AN OFFER ON THIS PROPERTY

Michael Vallee
Michael Vallee

Agent Mortgage Loan Officer 2665457AZ Real Estate License SA662806000

+1(480) 848-5780 | michael@valleerealty.com

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1732 E WOOD Street