8842 N 2nd Way, Phoenix, AZ 85020

$510,000

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Sold Price
$510,000
List Price
$525,000
Closing Date
Oct 24, 2024
Days on Market
47
Status
CLOSED
MLS#
6742197
City
Phoenix
Subdivision
Sunnyslope
Year Built
1973

Property Description

Seller Financing Available - Fully renovated and leased duplex on an R-5 lot that grosses $36,000 per year in rental income. Both units are two bedroom and one bath. There are 2 separate buildings each with wood fenced yards and laundry. Each unit has new HVAC, vinyl wood floors, Spanish tile showers, new plumbing/electric, new water heaters, new roofing, R-38 insulation, new windows, quartz counters, stainless steel appliances, and fresh paint inside and out. Professionally managed with one year leases and deposits on file. Tenants pay their own electric.

Additional Information

Elementary School
Desert View Elementary School
High School
Sunnyslope High School
Middle School
Royal Palm Middle School
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air, Heat Pump, Varies by Unit
Electric
APS, Individual Meter
Heating
Zoned, Electric, Heat Pump, Varies by Unit, Central
New Financing
VA Loan, FHA, Wraparound, Conventional, 1031 Exchange, Owner May Carry, Cash
Parking Features
Common, <1 Space Per Unit, Assigned
Roofing
Composition, Foam
Subdivision
Sunnyslope
Taxes
$437
Tax Year
2023
Tenant Pays
Electricity
Units
2
Water
Master Meter
Zoning
R-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Grayson Real Estate. Selling Office: ATLAS AZ, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.