$599,900
Phoenix, AZ 85008
MLS# 6615181
1 / 23
Property Description
🏡 **Charming Duplex in 85008 - Perfect Investment Opportunity!** Are you looking for the perfect investment property in the heart of 85008? Look no further! This stunning duplex is a gem you don't want to miss out on. With its recent upgrades and stable tenant history, it's an excellent opportunity for both seasoned investors and those looking to start their real estate portfolio. 🌟 **Key Features:** ✅ **Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses. ✅ **Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating. ✅ **Stable Tenants:** Enjoy the benefits of a steady
Details
Maps
Contract Info
Current Price: $599,900
List Price: $599,900
Status: Active
List Date: 2023-10-07
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 4841
Compass: E
Street Name: SHERIDAN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2510
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 11 STAFFORD VILLAGE 2 MCR 007515
Subdivision: STAFFORD VILLAGE 2
Assessor's Map #: 17
Assessor's Parcel #: 35
Add'l Parcels: No
Assessor Number: 126-17-035
Legal: LOT 11 STAFFORD VILLAGE 2 MCR 007515
Census Tract: 111201
Tax Municipality: Phoenix
Tax District: PHX
Taxes: 1081
Tax Year: 2023
Marketing Name: Duplex Arcadia Lite
General Property Description
Lot Size Dimensions: Irr
Year Built: 1959
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: 1
Zoning: R-3
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: Thomas and 44th Street
Directions: Continue on N 44th St for a little over a mile.
Turn right onto E Sheridan St.
Continue on E Sheridan St for a short distance, and you will reach your destination at 4841 E Sheridan
Geo Lat: 33.474814
Geo Lon: -111.976111
Status Change Info
Status Change Date: 2024-03-13
Legal Info
Township: 2N
Range: 4E
Section: 32
Lot Number: 11
Income & Expenses
Annual Ins Exp: 900
Annual Landscape Exp: 600
Annual Maint Exp: 450
Annual Mgmt Exp: 2766
Annual Wtr/Swr Exp: 1425
Owner Association: No
Operating Exp: 7222
Gross Annual Sch Inc: 36000
Other Income: 960
Vacancy Allowance: 0.03
Adjusted Gross Inc: 35851.2
Totl Mnth Rntal Inc: 2970
Net Operating Income: 27449
Pmt & Rate Info
Cap Rate: 3.95
Equity: 695000
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1495
Avg SqFt: 775
# Baths: 1
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Land & Building; Personal Property
Community Amenities: Barbecue; See Remarks
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Interior Amenities: Fire/Smoke Alarm(s); Mini Blinds; Other (See Remarks)
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; W/D Hookup; Other (See Remarks)
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual
Water: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: None
Parking: Street Parking; <1 Space Per Unit; Free
Roads/Streets: Asphalt; Curb(s) & Gutter(s)
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Cable TV; Other (See Remarks)
Source of Fincl Data: Provided by Owner; Projected Proforma; Books Shwn Accpt Ofr
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks
New Financing: Conventional; No Carry
Reports/Disclosures: Seller Prop Disc Stm; APOD/Backup Avaible; Sch of Personal Prop; Other (See Remarks)
Environmental: None
Supplements
**Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses.
**Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating.
**Stable Tenants:** Enjoy the benefits of a steady rental income stream with reliable and long-term tenants already in place.
**2 Spacious Bedrooms:** Each unit features two generous bedrooms, perfect for attracting renters seeking ample living space.
**Lovely Courtyard:** The property includes a delightful courtyard, offering a serene outdoor space for relaxation and entertainment.
**Why Invest in 85008?**
**Prime Location:** 85008 is a sought-after neighborhood in Phoenix, close to the city's vibrant cultural scene, dining, shopping, and excellent schools.
**Strong Appreciation:** The area has seen consistent property value growth, making it an attractive choice for investors seeking long-term appreciation.
**Rental Demand:** With its proximity to major employment hubs, the demand for rental properties in this area remains consistently high.
**Easy Commute:** Convenient access to major highways ensures a smooth commute for both tenants and landlords.
**Investment Potential:** Whether you're interested in stable rental income or future resale value, this duplex offers promising investment potential.
Don't miss out on this incredible opportunity to own a duplex in 85008 with a newer roof, updated air conditioners, stable tenants, and a charming courtyard. *Invest in your future with this exceptional duplex in 85008!*
Listing Office: Gerchick Real Estate
Last Updated: April - 16 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
