4841 E SHERIDAN Street Phoenix, AZ $ 599,900
4841 E SHERIDAN Street
$ 599,900
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4841 E SHERIDAN Street

Phoenix, AZ, 85008
$ 599,900
Baths0.0

Monthly Estimate*

$ 3,987

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View a Virtual Tour
Studio

Multi-Family Home for sale in Phoenix, AZ

for $599,900. This home was built in 1959.

🏡 **Charming Duplex in 85008 - Perfect Investment Opportunity!** Are you looking for the perfect investment property in the heart of 85008? Look no further! This stunning duplex is a gem you don't want to miss out on. With its recent upgrades and stable tenant history, it's an excellent opportunity for both seasoned investors and those looking to start their real estate portfolio. 🌟 **Key Features:** ✅ **Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses. ✅ **Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating. ✅ **Stable Tenants:** Enjoy the benefits of a steady **Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses. **Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating. **Stable Tenants:** Enjoy the benefits of a steady rental income stream with reliable and long-term tenants already in place. **2 Spacious Bedrooms:** Each unit features two generous bedrooms, perfect for attracting renters seeking ample living space. **Lovely Courtyard:** The property includes a delightful courtyard, offering a serene outdoor space for relaxation and entertainment. **Why Invest in 85008?** **Prime Location:** 85008 is a sought-after neighborhood in Phoenix, close to the city's vibrant cultural scene, dining, shopping, and excellent schools. **Strong Appreciation:** The area has seen consistent property value growth, making it an attractive choice for investors seeking long-term appreciation. **Rental Demand:** With its proximity to major employment hubs, the demand for rental properties in this area remains consistently high. **Easy Commute:** Convenient access to major highways ensures a smooth commute for both tenants and landlords. **Investment Potential:** Whether you're interested in stable rental income or future resale value, this duplex offers promising investment potential. Don't miss out on this incredible opportunity to own a duplex in 85008 with a newer roof, updated air conditioners, stable tenants, and a charming courtyard. *Invest in your future with this exceptional duplex in 85008!*

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Multi-Family Active

Price

$ 599,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,081

Style

Multiple Dwellings

Year Built

1959

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6615181

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Individual Heat Pump Electric
Cooling Individual Heat Pump Electric Ceiling Fan(s)
Roof Composition
Zoning R-3
Construction Materials Painted Block
Year Built 1959
Electric APS Individual Meter
Tenant Pays See Remarks Electricity Cable TV
Township 2N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 35851.2
Community Features See Remarks Barbecue
County Maricopa
Net Operating Income 27449.0
Operating Expense 7222.0
Insurance Expense 900.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name STAFFORD VILLAGE 2
Garage Y/N N
Status Active
Directions Continue on N 44th St for a little over a mile. Turn right onto E Sheridan St. Continue on E Sheridan St for a short distance and you will reach your destination at 4841 E Sheridan
City Phoenix
Buyer Agent Compensation 3.00
Disclosures Other (See Remarks) Seller Prop Disc Stm APOD/Backup Avaible Sch of Personal Prop
View Y/N N
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Total Units 2
Lot Size Square Feet 0.0
Carport Y/N N
Street Name SHERIDAN
Tax Annual Amount 1081.0
Electric Expense 0.0
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 1425.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.arizonarealtours.com/2184934?idx=1
Days on Market 222
Standard Status Active
Occupancy Type Tenant
Elementary School District Balsz Elementary District
Tax Lot 11
Cap Rate 3.95
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Free <1 Space Per Unit Street Parking
Water Source City Franchise Master Meter
Total Parking 2.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions Irr
Lot Size Acres 0.0
Road Surface Type Asphalt Curb(s) & Gutter(s)
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4841
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* Excluded Features
List By
Gerchick Real Estate

Broker

Linda@justsoldit.com

Email

Affordability Calculator

$4,077
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,987
Monthly Property Taxes
$90
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/16/2024 $599,900 -13.68% Price Down
3/13/2024 $695,000 -7.21% Price Down
12/14/2023 $749,000 -6.26% Price Down
11/2/2023 $799,000 -6.00% Price Down
10/7/2023 $850,000 Listed Price

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4841 E SHERIDAN Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $599,900. 4841 E SHERIDAN Street is a studio with 0.0 baths and was built in 1959. The property's zip code is 85008 which is in Phoenix, AZ