Creative financing available! Rare opportunity to own a highly updated duplex in Phoenix's established Taylor Park neighborhood. Two separate units offer flexibility for rental income, multi-generational living, or an owner-occupied strategy, with one unit offering the potential for a second bedroom. Each unit has dedicated covered parking, plus a generous amount of additional space at the front of the property--creating potential for additional parking, outdoor space, or other creative uses. With no HOA, this property offers an uncommon level of flexibility for both investors and owner-occupants. Conveniently located near 7th St & Dunlap Ave. Live in one and rent the other, lease both, or get creative with the space--the options are here.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.
You need to cover the seller's equity of $145,195. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.