BEDS0
BATHS
MLS#7045461
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFOOTHILL LOTS
SCHOOLGlendale Union High School District
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Electric
Roof Type: Foam, Rolled/Hot Mop
Taxes: $11,361
Year Built: 1987
Feature Descriptions
Community Features: No Pool
Days on Site: 3
Exterior: Block, Wood Frame, Slump Block, Painted, Stucco
Parking: Open, Paved, >1 Space Per Unit
Water: City Franchise
Local Schools
High School: Sunnyslope High School
School District: Glendale Union High School District
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 480-776-1555
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 3,461.47 per month $2,223.34 Principal & Interest $946.75 Property Tax $291.38 Homeowner's Insurance
9648 N 12th Avenue | MLS# 7045461
This multi-family property located at 9648 N 12th Avenue, Phoenix, AZ 85021 is currently listed for sale with an asking price of $999,000. N 12th Avenue is located within the Glendale Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.