About 1947 E Raymond Street
*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.
Features of 1947 E Raymond Street
| MLS® # | 7074366 |
|---|---|
| Price | $416,900 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Year Built | 2020 |
| Type | Multiple Dwellings |
| Status | Active Under Contract |
Community Information
| Address | 1947 E Raymond Street |
|---|---|
| Subdivision | PROGRESS PLACE |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85040 |
Amenities
| Amenities / Community Features | See Remarks |
|---|---|
| Parking Spaces | 6 |
| Parking | Attached Garage, 1 Space/Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup |
|---|---|
| Heating | Central, Electric |
| Cooling | Central Air, Ceiling Fan(s), Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Wood Frame, Painted, Stucco |
School Information
| District | Phoenix Union High School District |
|---|---|
| Elementary | Percy L Julian School |
| Middle | Percy L Julian School |
| High | South Mountain High School |
Additional Information
| Zoning | R3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Excalibur |
|---|