2301 E Yale St., Phoenix, AZ 85006

2301 E Yale St., Phoenix, AZ 85006
Photo 1 of 1
$143,200
Sold on 10/26/15
Beds Baths Sq. Ft. Taxes Built
0.00 0 $575.32 1940
On the market: 193 days
View full details, photos, school info, and price history
HUGE PRICE REDUCTION!!! CALLING ALL INVESTORS AND/OR ALL BUYERS WANTING TO HAVE HELP PAYING THEIR MORTGAGE!!! A Single-family main house up front that is 976 sq ft w/3 beds & 1 full bath, & private fenced yard. The guest house is completely separate with 880 sq. ft. & 1 bedroom & 1 full bath plus it's own covered carport & storage area. Both houses have their own street frontage & their own private driveways. There is also an RV gate in between the two homes for extra parking. This IS an excellent income property or would be great for a person to buy & live in the main house & rent out the guest house to help cover their mortgage. Look at the 9% current CAP RATE for your investors & with the Current Rents Below The Market Rents..This GREAT Income Property Could Easily have a 10+% CAP RATE Main house rents for $775 and Guest House rents for $550. Both are long term, excellent tenants & these are. BELOW current market rental rates!!! Both tenants are NOW month to month. Owner ONLY pays water, sewer and trash.
Listing courtesy of Susan Jordan, Good Oak Real Estate