5 Beds
10 Baths
6,056 SqFt
5 Beds
10 Baths
6,056 SqFt
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 6,056 sqft
Price per Sqft $139
Bedrooms 5
Full Baths 10
Lot Size 9,442 Sqft
Property Description
Projected annual rent:
$62,000
Property Tax:
$3,195
Insurance:
$2,700
Regular Maintenance:
$2,500
Reserves for Replacement:
$3,400
Annual Expenses:
$6,095
Net Operating Income:
$48,205
CAP Rate:
6.24%
What Sets It Apart
Each unit features 5 bedrooms, 2.5 baths, and includes a primary bedroom downstairs. Both units come with walkout balconies offering downtown Phoenix views. New construction with a 1-year builder warranty, private backyards, and separate meters for utilities add to its appeal.
Investor HIghlights
Priced at $845,000 with a 6.2% cap rate, this duplex guarantees $3,028.08 per unit in monthly rent, secured by the city of Phoenix. With 1-year leases in place, this property offers steady returns with minimal risk.
Location
State AZ
County Maricopa
Nearby Locations
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