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$470,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$961.04 |
1971 |
|
On the market:
0 days
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View full details, photos, school info, and price history
Excellent investment opportunity in a popular senior retirement community. Phoenix is a top choice for baby boomers, the nation's largest demographic, driving long-term demand in 55+ communities. This well-maintained duplex offers a solid 7.2% CAP rate with future rent growth and value-add potential. Each spacious unit features 2 beds, 2 baths, 954 sq ft, carport parking, and private front & back patios. Major upgrades include a new roof (2022), new AC and water heaters (2024), and new flooring (2024 & 2026). Residents may opt in to enjoy the community's amenities and activities. No HOA for owner. Don't miss this turnkey asset with upside in a high-demand rental market and upside in a desirable Mesa location!
Listing courtesy of Han Wu, Fathom Realty