The Property
🏡 **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 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. Contact us today to schedule a viewing and explore the potential of this fantastic investment property!
For more information or to schedule a showing, please contact us at [Your Contact Information].
*Invest in your future with this exceptional duplex in 85008!* 🏡✨
Virtual Tour-Check out the Virtual Tour
If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?
Location
85008 is a prominent postal code in Phoenix, Arizona, offering a diverse and dynamic living experience for its residents. Located in the heart of the Valley of the Sun, this area is known for its unique blend of urban and suburban elements, making it an attractive place to call home.
**Location and Accessibility:**
Situated just east of downtown Phoenix, 85008 enjoys a prime location that provides easy access to the city’s amenities and attractions. Major thoroughfares like the Papago Freeway (I-10) and the Piestewa Freeway (SR-51) run through or near the area, facilitating convenient commuting to other parts of the city and the surrounding metropolitan area.
**Housing:**
The 85008 area boasts a diverse range of housing options. You’ll find a mix of single-family homes, townhouses, apartments, and condominiums, making it suitable for individuals, couples, families, and retirees. Real estate in this area includes a variety of architectural styles, from mid-century modern homes to more contemporary designs.
**Cultural Diversity:**
One of the most significant aspects of 85008 is its cultural diversity. The community is a melting pot of different ethnicities and backgrounds, creating a rich and vibrant atmosphere. This diversity is reflected in the area’s cuisine, shopping options, and cultural events.
**Recreation and Outdoor Activities:**
Outdoor enthusiasts will appreciate the proximity of Papago Park, a picturesque desert park with hiking trails, picnic areas, and the famous Hole-in-the-Rock geological formation. The Phoenix Zoo and Desert Botanical Garden are also nearby, offering educational and family-friendly experiences.
**Education:**
Families in 85008 have access to various educational opportunities. The area is served by several public and private schools, making it a suitable place for raising children. Additionally, Arizona State University’s Tempe campus is just a short drive away, providing higher education options.
**Shopping and Dining:**
Residents of 85008 enjoy a wide array of shopping and dining options. Along McDowell Road, you’ll find numerous local businesses, restaurants, and shops offering a diverse range of cuisines and products. Nearby, the Biltmore Fashion Park and Arcadia offer upscale shopping and dining experiences.
**Arts and Entertainment:**
The area is home to various cultural and entertainment venues, including theaters, art galleries, and music venues. Downtown Phoenix, with its performing arts centers and sports arenas, is a short drive away, offering even more entertainment options.
**Community and Lifestyle:**
85008 is known for its close-knit community feel. Neighbors often come together for local events, block parties, and community initiatives. The area’s diverse population creates a sense of inclusivity and cultural richness, contributing to its unique character.
In summary, 85008 in Phoenix, AZ, is a dynamic and culturally diverse area that offers a wide range of amenities, housing options, and recreational opportunities. Its central location, coupled with its vibrant community spirit, makes it an attractive place to live for individuals and families alike.
$799,000
Sale Price
$35,640
Effective Rental Income
$7,357
Operating Expenses
$28,283
Net Operating Income
3.54%
Cap Rate
Offering Memorandum and Marketing Flyer
To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.
Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.
If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.
Thank you for considering our investment opportunity, and we hope to hear from you soon!
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering this property, and please don’t hesitate to contact us if you have any questions.
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