Properties
Phoenix, AZ 85007 1802 W SHERMAN Street
$600,000
21 more
Presented By: eXp Realty; 888-897-7821
Garage • 1
Home Details
Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied—do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown— reduced monthly payments for the first 2 years years at no cost to the buyer or seller.
Presented By: eXp Realty; 888-897-7821
Interior Features for 1802 W SHERMAN Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringOther, Carpet
Heating Y/NYes
General for 1802 W SHERMAN Street
Additional Parcels Y/NNo
Attached Garage Yes
Cap Rate6.8
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, 2 or More Units
CountyMaricopa
DisclosuresNone
ElectricAPS
Electric Expense0.0
Elementary SchoolRalph Waldo Emerson Elementary School
Elementary School DistrictPhoenix Elementary District
Fuel Expense0.0
Garage Y/NYes
Gross Income40800.0
HeatingCentral, Heat Pump, 2 or More Units
High SchoolCentral High School
High School DistrictPhoenix Union High School District
Insurance Expense1355.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense0.0
Middle/Junior High SchoolRalph Waldo Emerson Elementary School
MobileHomeRemainsYNNo
Net Operating Income40800.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces4.0
Operating Expense2813.0
OwnerPaysNone
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameWISE ADD
Tax Annual Amount1458.0
Tax Lot155
Tax Year2024
Township1N
Trash Expense0.0
Water Sewer Expense0.0
Year Built2006
ZoningC-3 Phx, CG Cnty
Exterior for 1802 W SHERMAN Street
Covered Spaces4.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50 x 136 6769sqft
Number of Buildings2
Parking FeaturesRV Access/Parking, Paved, Free, Attached, >1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking8.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Middle School
Ralph Waldo Emerson Elementary School
High School
Central High School
