2726 W DURANGO Street Phoenix, AZ ^$ 535,000

2726 W DURANGO Street

^$ 535,000

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2726 W DURANGO Street

Phoenix, AZ, 85009

^$ 535,000

Studio Baths0.0

Monthly Estimate*

^$ 3,737

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $535,000. This home was built in 1950.

Discover a fantastic investment opportunity in Phoenix near downtown! This multi-family home most recently brought in $3,700 a month and is in a great location. It has a 3 bedroom, 2 bathroom main house and 2 separate studio casitas. Recently updated and close to downtown, shopping, and restaurants, only 3 minutes from I10 and I17. The property includes a front porch, two big gates for RVs, a large driveway, and plenty of space for parking or storage without any HOA rules. The entire property has been renovated and a new roof was installed in 2023.

Multi-Family Active

Price

^$ 535,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 822

Style

Multiple Dwellings

Year Built

1950

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6685425

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central A/C Wall/Window Unit(s) Ceiling Fan(s)

Roof Composition

Zoning R-3

Construction Materials Painted Block

Year Built 1950

Electric APS

Tenant Pays See Remarks

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 44400.0

Community Features No Pool

County Maricopa

Net Operating Income 43078.0

Operating Expense 1322.0

Insurance Expense 500.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name THOMAS TRACT 9-12 15-18

Garage Y/N N

Status Active

Directions Head west on W Durango St. Property will be on the right.

City Phoenix

Buyer Agent Compensation 2.50

Disclosures Seller Prop Disc Stm

View Y/N N

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Total Units 3

Lot Size Square Feet 0.0

Carport Y/N N

Street Name DURANGO

Tax Annual Amount 822.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 13

Standard Status Active

Occupancy Description Vacant

Elementary School District Murphy Elementary District

Tax Lot 6

Cap Rate 8.05

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Ownership Fee Simple

Senior Community N

New Financing True

Interior

Flooring Carpet Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Paved Parking RV/Boat Parking Add'l Parking Avail >1 Space Per Unit

Water Source City Franchise

Total Parking 4.0

Lot Size Area 0.0

Number of Buildings 3

Spa N

Lot Dimensions 71 x 151

Lot Size Acres 0.0

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2726

* Excluded Features

List By

Homesmart Lifestyles

Broker

danielupdikerealtor@gmail.com

Affordability Calculator

$3,806

Per Month

Monthly Principal & Interest: $3,737
Monthly Property Taxes: $69
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,382,590

Percent of Sale Price 158%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$535,000		Listed Price

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2726 W DURANGO Street, Phoenix, AZ, 85009 is a Multi-Family Home for sale at $535,000. 2726 W DURANGO Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 85009 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/15/2024.

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2726 W DURANGO Street

Multi-Family Home for sale in Phoenix, AZ

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