1106 E PAPAGO Street, Phoenix, AZ 85034
$699,999
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$699,999
List Date:
1/23/2025
Last Modified:
2/03/2025
Description
Here is your opportunity to purchase rentals for passive income or do the popular house hack and live in one and rent the other! Best of all this is brand new construction! This duplex has 3 bedrooms and 2 baths in both units. The property will be completely finished with window treatments, stainless steel appliances, full-sized washer & dryer, low maintenance landscaping, and much more. This is truly a turn key property, ready for you to move in tenants right away. This property is located in the downtown Phoenix area with easy access to offices, freeways, and all the entertainment and restaurants the downtown offers! Still under construction, with completion set for end of January 2025.
More Information MLS# 6803366
Contract Info
Current Price: $699,999
List Price: $699,999
Status: Active
List Date: 2025-01-10
Ownership: Fee Simple
Location Tax Legal
House Number: 1106
Compass: E
Street Name: PAPAGO
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85034
Zip4: 4518
Country: USA
County Code: Maricopa
Subdivision: LINCOLN PARK
Assessor Number: 115-43-079
Tax Year: 2024
General Property Description
Lot Size Dimensions: 127X51
Year Built: 1948
Total # of Units: 2
# of Buildings: 1
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Silvestre S Herrera School
Jr. High School: Silvestre S Herrera School
High School: North High School
Remarks Misc
Cross Street: E Buckeye Rd and S 11th St.
Directions: AZ-51 S to Washington St. Take exit 148 from I-10 E
Continue on Washington St. Take S 16th St and E Buckeye Rd to E Yuma
Geo Lat: 33.434339
Geo Lon: -112.058325
Status Change Info
Status Change Date: 2025-01-23
Legal Info
Township: 1N
Range: 3E
Section: 16
Lot Number: 32
Income Expenses
Gross Annual Sch Inc: 45000
Net Operating Income: 31950
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1875
Avg SqFt: 1020
# Baths: 2
Property Features
Project Type: Duplex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Carpet; Other
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: No Pool; See Remarks
Exterior Amenities: Landscape Wtr System; Fenced
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Carport; >1 Space Per Unit
Owner Pays: Water; See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Projected Proforma
Lockbox Type: Supra (ARMLS)
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Documents
Proforma ›Listing Office: FSR Realty
Last Updated: February - 03 - 2025
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