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1638 S 5TH Street,  Phoenix, AZ 85004

MLS# 5508953
Status: Active
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10/21/2016 4:27 AM
Property Description
Great opportunity to own two excellent income properties. Both duplex units are 4 bedrooms, two bath and located less than a mile from each other in the downtown area. The units are 100% occupied, and the average rent is $900 per unit with room to grow and an amazing CAP RATE OF 11%! WOW!!! Two Year Leases in each unit! 1006 E Mohave is also being offered and is fully leased as well! A four-car carport is all that connects both 4 bedroom units. It's really like owning two separate houses! No common walls! Extremely LOW EXPENSES and individually metered so tenants pay ALL utilities INCLUDING water and trash! This is the best opportunity that has come along in a great while...send me your offer now! Seller prefers cash offers on this duplex and 1006 E Mohave. MLS # 5509082.
Listing Information for 1638 S 5TH Street Phoenix, AZ 85004
Property Type: Duplex, Other
2006 Stucco, Wood Frame
Public Sewer
2 Total
School Information for 1638 S 5TH Street Phoenix, AZ 85004
School District: 001 - Phoenix Elementary District
Room Information for 1638 S 5TH Street Phoenix, AZ 85004
Interior Features for 1638 S 5TH Street Phoenix, AZ 85004
Dishwasher, Refrigerator, Range-Oven, Disposal
Vinyl, Carpet
Central Air
Electric Heating
Washer/dryer Hookup
Exterior / Lot Features for 1638 S 5TH Street Phoenix, AZ 85004
Other Parking, Carport
Concrete Road
Community Features for 1638 S 5TH Street Phoenix, AZ 85004
Driving Directions to 1638 S 5TH Street Phoenix, AZ 85004
Financial Considerations for 1638 S 5TH Street Phoenix, AZ 85004
Conventional,Other (See Remarks),No Carry
Listing Price History for MLS#: 5508953

Phoenix AZ Real Estate and Phoenix AZ Homes for Sale

Phoenix is located in the state of Arizona. The zip code of 85004 has a population of 1,462,368. The median age of people living in Phoenix, AZ 85004, is 32.2 years.

Click on the tabs below to see more details for the 85004 zip code in Phoenix, Arizona.

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Courtesy: HomeSmart
Information deemed reliable but not guaranteed. Copyright 2016 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
Information is deemed reliable but is not guaranteed.

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