1232 E Mountain View Rd., Phoenix, AZ 85020

1232 E Mountain View Rd., Phoenix, AZ 85020
Photo 1 of 1
$120,000
Sold on 1/21/14
Beds Baths Sq. Ft. Taxes Built
0.00 0 $369.08 1986
On the market: 72 days
View full details, photos, school info, and price history
NOT A SHORT SALE AND NOT AN REO. Quick response from a private seller. This remodeled steel studs construction (no termite issues ever), turnkey duplex features large over 1,100 sq.ft. units that feel very spacious. It includes roomy living rooms, attractive bathrooms, upper unit has two full bathrooms. This property is projected to generate total rents of $15,960 per year adjusted gross income. Then after projected expenses of $2,478 the net operating income is $13,482 per year. This is a 10.5% CAP Rate (very attractive number for investors). Should take 9.5 years to pay it self, plus property appreciates each day.
Listing courtesy of HomeSmart