1947 E Raymond St., Phoenix, AZ 85040

1947 E Raymond St., Phoenix, AZ 85040
Photo 1 of 4
$416,900
Beds Baths Sq. Ft. Taxes Built
4 4.00 0 $3,491 2020
On the market: 23 days

Est. Monthly Payment:

$2,787($2,496 + $291 taxes*)

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APPROVED
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*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.
Listing courtesy of Dean Selvey, RE/MAX Excalibur