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9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
9648 N 12TH Avenue
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Courtesy of Compass
$999,000

9648 N 12TH Avenue

Description

Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.

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Location

9648 N 12TH Avenue, Phoenix, AZ 85021

Status

For Sale

Property Amenities

Interior
Appliances Refrigerator, Built-In Electric Oven
Flooring Tile, Laminate, Vinyl
Area & Lot
MLS® ID 7045461
Year Built 1987
School District Glendale Union High School District
High School Sunnyslope High School
Type Multi-Family
Status For Sale
Exterior
Air conditioning Electric
Heat type Electric
Water Source City Franchise
Sewer Public Sewer
Parking Paved, Free, 1 Space Per Unit
Roof Foam, Rolled/Hot Mop
Finance
Sales Price $999,000
Real Estate Tax $11,361 yearly
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Thank you for your interest in 9648 N 12TH Avenue, Phoenix, AZ 85021. We are reviewing your request and will be in touch shortly!

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