Fully renovated and leased duplex on an R-5 lot that grosses $36,000 per year in rental income. Both units are two bedroom and one bath. There are 2 separate buildings each with wood fenced yards and laundry. Each unit has new HVAC, vinyl wood floors, Spanish tile showers, new plumbing/electric, new water heaters, new roofing, R-38 insulation, new windows, quartz counters, stainless steel appliances, and fresh paint inside and out. Professionally managed with one year leases and deposits on file. Tenants pay their own electric. Seller is also selling property next door MLS 6556185.

Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 3.00 Exterior Amenities FencedSeparate Storage Lot Size Dimensions 50 X 125 Parking <1 Space Per UnitCarportStreet Parking Roads AlleyAsphaltSidewalk(S) Roofing Comp ShingleFoam

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 675 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorWasher/Dryer Cooling 2 Or More UnitsCentral A/CHeat PumpIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl Heating 2 Or More UnitsCentralElectricHeat PumpIndividual Interior Amenities Fire/Smoke Alarm(S)

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1500.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 34200.00 Annual Ins Exp 1287.00 Annual Mgmt Exp 2880.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 1344.00 Community Amenities No Pool Cross Street Central And Dunlap Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 36000.00 Hoa YN No Net Operating Income 28271.00 New Financing 1031 ExchangeConventionalFhaNo CarryVa Operating Exp 5929.00 Other Income 0.00 Other Type Packaged Offering Owner Pays SewerTrash CollectionWater Payment Includes InsuranceInterestPrincipalTaxes Project Type 5 - 12 UnitsDuplex Sale Includes Laundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Phoenix Taxes 418.00 Tenant Pays Electric Totl Mnth Rntal Inc 3000.00 Vacancy Allowance 0.05 Water City FranchiseMaster Meter Zoning R-5

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© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-05-30T16:19:36.61.

8842 N 2nd Way

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8842 N 2nd Way Phoenix, AZ 85020

Property Description

Construction	Frame - Wood
Construction Finish	Painted Stucco
Covered Parking Spaces	3.00
Exterior Amenities	Fenced Separate Storage
Lot Size Dimensions	50 X 125
Parking	<1 Space Per Unit Carport Street Parking
Roads	Alley Asphalt Sidewalk(S)
Roofing	Comp Shingle Foam

1 Bedroom Unit Avg Sq Ft	0
1 Bedroom Unit Baths	0
2 Bedroom Unit Avg Sq Ft	675
2 Bedroom Units Baths	2
3 Bedroom Unit Avg Sq Ft	0
3 Bedroom Unit Baths	0
4 Bedroom Unit Avg Sq Ft	0
4 Bedroom Unit Baths	0
Appliances Included	F/S Oven/Range Refrigerator Washer/Dryer
Cooling	2 Or More Units Central A/C Heat Pump Individual
Efficiency Unit Avg Sq Ft	0
Efficiency Unit Baths	0
Floors	Vinyl
Heating	2 Or More Units Central Electric Heat Pump Individual
Interior Amenities	Fire/Smoke Alarm(S)

1 Bedroom Unit Avg Rent	0.00
1 Bedroom Units	0
2 Bedroom Unit Avg Rent	1500.00
2 Bedroom Units	2
3 Bedroom Unit Avg Rent	0.00
3 Bedroom Units	0
4 Bedroom Unit Avg Rent	0.00
4 Bedroom Units	0
Adjusted Gross Inc	34200.00
Annual Ins Exp	1287.00
Annual Mgmt Exp	2880.00
Annual Ownr Asoc Fee	0.00
Annual Wtr Swr Exp	1344.00
Community Amenities	No Pool
Cross Street	Central And Dunlap
Efficiency Unit Avg Rent	0.00
Efficiency Units	0
Electric	Aps Individual Meter
Gas	None
Gross Annual Sch Inc	36000.00
Hoa YN	No
Net Operating Income	28271.00
New Financing	1031 Exchange Conventional Fha No Carry Va
Operating Exp	5929.00
Other Income	0.00
Other Type	Packaged Offering
Owner Pays	Sewer Trash Collection Water
Payment Includes	Insurance Interest Principal Taxes
Project Type	5 - 12 Units Duplex
Sale Includes	Laundry Equipment
Sewer	Sewer - Public
Source Of Financial Data	Provided By Owner
Special	Owner/Agent
Tax Municipality	Phoenix
Taxes	418.00
Tenant Pays	Electric
Totl Mnth Rntal Inc	3000.00
Vacancy Allowance	0.05
Water	City Franchise Master Meter
Zoning	R-5