AZ
Maricopa
Phoenix
85040
1947 E RAYMOND Street
1947 E RAYMOND Street, Phoenix, AZ 85040
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Listing Type
Multi Family
Listing Status
Active
4
$416,900

Home Details for 1947 E RAYMOND Street

Price
$416,900
Type
Residential Income
Bedrooms
4
Total Bathrooms
4
Year built
2020
County
Maricopa
Listing #
7074366
Listing Courtesy: RE/MAX Excalibur - 480-355-3500
Property Description

*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.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • Garage
    • 1
School Information
School Information for 1947 E RAYMOND Street, Phoenix, AZ 85040
Elementary School
Percy L Julian School
Middle School
Percy L Julian School
High School
South Mountain High School
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Last Updated: 2026-09-02 08:00:28
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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