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$689,000
9648 N 12th Ave, Phoenix, AZ 85021
0 Beds
0 Baths
n/a sqft

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This 8 unit complex is 2 stories and has 4 one bedroom units and 4 studios. 100% occupied with long time tenants. This listing includes 2 parcels. The BONUS parcel #158-33-121, about 5,525 SqFt. Has potential to increase income amount with laundromat. With the rents raising in Metro PHX, current rental rates could be considered below the current market.
  • Price:
  • $689,000
  • Year Built:
  • 1987
  • Listing ID #:
  • 6116215
  • Street Address:
  • 9648 N 12th Ave
  • City:
  • Phoenix
  • State:
  • Arizona
  • Postal Code:
  • 85021
  • County:
  • Maricopa
  • Subdivision:
  • Foothill Lots
  • Listing Status:
  • Under Contract-Backups
4
out of 5

Sunnyslope High School
Public
School Grade Level 9-12
School Students 2085 students
School Teachers 23 student/
teacher
  • Construction Description:
  • Frame - Wood
  • Flooring:
  • Vinyl/Composition
  • Interior Features:
  • Fire/Smoke Alarm(s), Unfurnished
  • Number Of Units:
  • 8.00
  • Siding:
  • Painted, Stucco
  • Type Of Roof:
  • Foam
  • Year Built:
  • 1987
  • Adjusted Gross Income:
  • 49305.00
  • Annual Insurance Expenses:
  • 1500.00
  • Annual Landscape Expenses:
  • 500.00
  • Annual Maintenance Expenses:
  • 2000.00
  • Annual Trash Expenses:
  • 900.00
  • Annual Water/Sewer Expenses:
  • 1920.00
  • Net Operating Income:
  • 38924.74
  • Operating Expense:
  • 8100.00
  • Conforms To Zoning:
  • [r-4] Multi-Fam
  • Community Features:
  • No Pool
  • Contingency Type:
  • Ucb (under Contract-Backups)
  • Included In Sale:
  • Land & Building, Other (see Remarks)
  • Terms:
  • 1031 Exchange, Conventional, Other (see Remarks)
  • Property Taxes:
  • $1,080
  • Tenant Pays:
  • Electric
  • Parking Description:
  • Fee, Street Parking
  • Parking Spaces:
  • 12.00
  • Appliances:
  • Bi Oven/Range, Refrigerator
  • Cooling System:
  • Electric Refrigeratd
  • Electricity:
  • Aps, Individual Meter
  • Existing Water:
  • City Franchise
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Exp Realty
  • ARMLS
  • Schools information provided by ATTOM

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