2545 E CULVER Street, Phoenix, AZ 85008

$399,900

Property Type: Multiple Dwellings Status: Active

Current Price: $399,900 Last Modified: 2/02/2025

Description

Unique multi family/duplex property: Two detached brick houses on one corner lot. Separate yards and driveways for complete privacy. One 2 bed/2 bath and one 2 bed/1 bath, both rented. Front house on a mtm lease, back house lease term ends 1/31/2025. One water meter for both, individually metered for electric and gas. Both have central A/C, all appliances, and carports. Quiet street in a convenient neighborhood with historic and creatively renovated homes. Great opportunity for a first time investment or owner occupy and have instant rental income! DRIVE BY ONLY. DO NOT DISTURB TENANTS. TENANT'S RIGHTS.

More Information MLS# 6774958

Contract Info

Current Price: $399,900 List Price: $399,900 Status: Active List Date: 2024-10-23 Ownership: Fee Simple

Location Tax Legal

House Number: 2545 Compass: E Street Name: CULVER St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Zip4: 4632 Country: USA County Code: Maricopa Subdivision: NORTH ELSINORE BLOCK 13-14 Assessor Number: 121-78-152-A Tax Year: 2024

General Property Description

Lot Size Dimensions: 50X130 Year Built: 1954 Uncvrd Parking Spcs: 4 Total # of Units: 2 # of Buildings: 2 Zoning: R3 Flood Zone: TBD Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District Elementary School: Creighton Elementary School Jr. High School: Creighton Elementary School High School: North High School

Remarks Misc

Cross Street: 24th ST/McDowell Geo Lat: 33.462848 Geo Lon: -112.026094

Status Change Info

Status Change Date: 2025-02-02

Legal Info

Township: 1N Range: 3E Section: 2 Lot Number: 23

Income Expenses

Gross Annual Sch Inc: 29000 Net Operating Income: 17558

Showing Notification Methods

Showing Service: No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1187.5 Avg SqFt: 900 # Baths: 1

Property Features

Project Type: Duplex Other Type: House + Rental Units Construction: Brick Const - Finish: Painted; Other (See Remarks) Roofing: Comp Shingle Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Building(s) Only Payment Includes: Principal; Interest Community Amenities: Other Exterior Amenities: Partially Fenced Interior Amenities: Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds Appliances Included: F/S Oven/Range; Refrigerator; W/D Hookup Heating: Central Cooling: Central A/C Water: Master Meter Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking: Carport; >1 Space Per Unit Owner Pays: Water; Trash Collection Tenant Pays: Electric; Gas; Cable TV; Landscaping Source of Fincl Data: Provided by Owner Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; No Carry Environmental: None

Listing Office: ROI Asset Management Solutions

Last Updated: February - 02 - 2025

2545 E CULVER Street, Phoenix, AZ 85008 (MLS# 6774958)