For Sale Multi-Family MLS# 7039988

1732 E WOOD Street

Phoenix, AZ 85040

$489,900

About 1732 E WOOD Street

Down Payment Assistance programs are available for this duplex, with qualifying. Live in one side and use the other to offset your monthly payment! Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is fully leased with reliable, on-time tenants who pay their own electric. Landlord pays water and sewer. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2023
Original price
$489,900
MLS #
7039988

Interior

Features
Central Air, Ceiling Fan(s), Heat Pump, Individual, Electric, Tile, Carpet
Flooring
Tile, Carpet
Heating
Electric
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual

Exterior & lot

Features
Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport, Parking spaces: 4
Construction
Wood Frame, Stucco, Composition
Roof
Composition
Lot
R3, 12219046
Parking
Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport

Schools

District
Roosevelt Elementary District
Elementary
Percy L Julian School
Middle
Percy L Julian School
High
South Mountain High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$4,284
Tax year
2026
Parcel
12219046

Location

Subdivision
BELMONT PARK
County
Maricopa
Neighborhood
Alicia
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Roosevelt Elementary District

Location

Neighborhood
Alicia
Subdivision
BELMONT PARK
School district
Roosevelt Elementary District

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Listed by Dean Selvey, RE/MAX Excalibur

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.