$549,000
Phoenix, AZ 85021
MLS# 6951102
1 / 13
Property Description
Cash Cow Duplex, UPDATED, 2 BR, 1 BA Units. Updates include Kitchens and Baths, Central AC's! Sharp looking freshly painted exterior.Tenants Pay Utilities and handle landscaping. Tenants are now Month to Month, giving you the flexibility to keep or change. You might even look into FHA owner occupied financing. Plenty of off-street parking on solid concrete pads. Sign up soon. Do not disturb tenants.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $549,000
List Price: $549,000
Status: Active
List Date: 2025-11-24
Location, Tax & Legal
Assessor's Map #: 27
Legal Description (Abbrev): LOT 22 ROMINE ESTATES LOT 1-22 MCR 005944
Assessor's Parcel #: 41
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104502
Taxes: 577
Legal: ROMINE ESTATES
Marketing Name: Cash Cow Duplex
House Number: 1322
Compass: W
Street Name: NORTH
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 2546
County Code: Maricopa
Subdivision: ROMINE ESTATES LOT 1-22
Assessor Number: 158-27-041
Tax Year: 2005
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 121x64
Flood Zone: No
Total # of Units: 2
High School District: Glendale Union High School District
Year Built: 1957
Zoning: R3
Legal Info
Range: 3E
Section: 30
Township: 3N
Lot Number: 22
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 1200
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1777
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 32000
Pmt & Rate Info
Cap Rate: 5.38
Equity: 539000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Forced Air: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Partially Fenced: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Free-Standing Gas Oven: 1
Free-Standing Range: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Add'l Parking Avail: 1
Off Street: 1
See Remarks: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1333
Avg SqFt: 775
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Peoria and 17th Ave
Directions: South on 17th Ave to North Ln. East to the property.
Geo Lat: 33.581455
Geo Lon: -112.09009
Income Expenses
Gross Annual Sch Inc: 32000
Net Operating Income: 29023
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Partially Fenced
Appliances Included: Free-Standing Gas Oven; Free-Standing Range
Heating: Forced Air
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Add'l Parking Avail; Off Street; See Remarks
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Projected Proforma
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Coldwell Banker Realty
Last Updated: April - 23 - 2026
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