9648 N 12TH Avenue, Phoenix, Arizona, United States, 85021
999,000
for Sale
8
8
About the property:
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 Type:
- Multi-Family
- Status:
- for Sale
- House Style:
- Other
- Bedrooms:
- 8
- Bathrooms:
- 8
- Subdivision:
- FOOTHILL LOTS
- Cross Street:
- 12th Avenue & Mountain View Rd
- Is Other:
- Yes
- Annual Property Taxes:
- 11,361
- Listing ID:
- 7045461
Rooms
Dimensions
Brokered by:
Compass
Presented By: