Description
Seller is willing to contribute up to 3 points to buyer. 11010 E University duplex next door is also for sale same price and same terms/conditions apply.11016 E University and 110101 E University are the best priced duplex's in the Phoenix metro area!Each unit has it's own private yard and all units are individually metered for all utilities (which tenant pays) current rents are under market value (area for like units $1050.00 to $1250.00 see Zillow, Hot pads etc to validate rent value) these are very low maintenance units, just sit back and let your investment pay dividends. New roof 2019 on both units, newer a/c's and most water heaters replaced. One unit fully remodeled (new kitchen, appliances, cabinets and counter tops, bathroom also remodeled full paint and tile through out.but could use updating to maximize rents. Current cap rate around 5 with rent increases cap rate could be close to 8 Don't let this deal pass you by contact me today. The duplex next door 10110 University is also for sale same price and same terms/conditions apply.
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01/2 BATHS
Description
Seller is willing to contribute up to 3 points to buyer. 11010 E University duplex next door is also for sale same price and same terms/conditions apply.11016 E University and 110101 E University are the best priced duplex's in the Phoenix metro area!Each unit has it's own private yard and all units are individually metered for all utilities (which tenant pays) current rents are under market value (area for like units $1050.00 to $1250.00 see Zillow, Hot pads etc to validate rent value) these are very low maintenance units, just sit back and let your investment pay dividends. New roof 2019 on both units, newer a/c's and most water heaters replaced. One unit fully remodeled (new kitchen, appliances, cabinets and counter tops, bathroom also remodeled full paint and tile through out.but could use updating to maximize rents. Current cap rate around 5 with rent increases cap rate could be close to 8 Don't let this deal pass you by contact me today. The duplex next door 10110 University is also for sale same price and same terms/conditions apply.
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