2343 W Maricopa Street, Phoenix, AZ 85009
$539,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$539,000
List Date:
1/28/2025
Last Modified:
5/15/2025
Description
Guaranteed Government Rental Income + Damage Protection, Massive Cash-Flowing Opportunity Backed by Home INC
This property is enrolled in a government-funded program through Home Inc., offering guaranteed monthly rental payments, vacancy loss coverage, and damage protection—minimizing risk and maximizing returns.
Recent Upgrades Include: $30,000 new A/C and HVAC system, $20,000 brand new roof,Upgraded interior finishes, Modernized and energy-efficient windows
A true turn-key investment opportunity with strong upside and built-in stability. Don't miss this high-yield property backed by reliable government support. This property is a fantastic investment featuring three 2-bedroom, 1-bath units, all consolidated into one income-generating property.
More Information MLS# 6811531
Contract Info
Current Price: $539,000
List Price: $539,000
Status: Pending
List Date: 2025-01-27
Ownership: Fee Simple
Location Tax Legal
House Number: 2343
Compass: W
Street Name: Maricopa
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Country: US
County Code: Maricopa
Subdivision: I-ON-A Home TR
Assessor Number: 109-62-141
Tax Year: 2024
General Property Description
Lot Size Dimensions: 50x121
Year Built: 1958
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 1
Zoning: R-5
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 23rd Avenue and Buckeye Road
Directions: Go north of Buckeye Road on 23rd Avenue and west on Maricopa
Geo Lat: 33.437424
Geo Lon: -112.110648
Status Change Info
Status Change Date: 2025-05-15
Off Market Date: 2025-05-15
Under Contract Date: 2025-05-14
Legal Info
Lot Number: 23
Income Expenses
Gross Annual Sch Inc: 54000
Net Operating Income: 48000
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1467
# Baths: 1
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Central
Cooling: Central Air; ENERGY STAR Qualified Equipment
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: On Street; 1 Space/Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email
Lockbox Type: Supra; Combo
New Financing: Cash; FHA; Conventional
Environmental: None
Listing Office: Success Property Brokers
Last Updated: May - 15 - 2025
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