1911 E WARNER Street, Phoenix, AZ 85040
1911 E WARNER Street, Phoenix, AZ 85040
1911 E WARNER Street, Phoenix, AZ 85040
1911 E WARNER Street, Phoenix, AZ 85040
1911 E WARNER Street, Phoenix, AZ 85040
1911 E WARNER Street, Phoenix, AZ 85040
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 482,600
Est. payment | /mo

Save
$ 482,600
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Progress Place

MLS Listing ID 7055488

Maintenance Fees $440

Year Built 2022

Annual Tax Amount $5,012

Tax Year 2025

Lot Dimensions 8014 SF

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this a low-maintenanc

Location

State AZ

County Maricopa

Community Progress Place

Area Maricopa

Zoning R3

Interior

Heating Electric

Cooling Central Air, Ceiling Fan(s), Heat Pump, Individual

Flooring Carpet

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup

Exterior

Parking Features Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Percy L Julian School

Middle Schools Percy L Julian School

High Schools South Mountain High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 122-32-053

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Arizona Regional MLS (ARMLS)
Listed by RE/MAX Excalibur • Dean Selvey

Schools and Properties Nearby

Name
Phone*
Message
Tour the Home

1911 E WARNER Street