$488,000
$489,900
0.4%For more information regarding the value of a property, please contact us for a free consultation.
1728 E WOOD Street Phoenix, AZ 85040
Key Details
Sold Price $488,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Park
MLS Listing ID 7039986
Sold Date 08/07/26
Maintenance Fees $1,418
Year Built 2025
Annual Tax Amount $4,284
Tax Year 2026
Lot Dimensions 7353 SF
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
2023 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1732 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.
Location
State AZ
County Maricopa
Community Belmont Park
Area Maricopa
Zoning R3
Interior
Heating Electric
Cooling Central Air, Ceiling Fan(s), Heat Pump, Individual
Flooring Carpet
Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Exterior
Parking Features Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
Elementary Schools Percy L Julian School
Middle Schools Percy L Julian School
High Schools South Mountain High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 122-19-044
Acceptable Financing Conventional, 1031 Exchange
Disclosures None
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with eXp Realty