About This Home
This 8-bedroom, 8-bathroom residential multi family at 9648 N 12TH Avenue in Phoenix, AZ is listed for $899,000. Built in 1987, on a N/A lot.
Key Features
- Built in 1987
Property Details
Amenities
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.
Monthly Cost Estimate
$4,808/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9648 N 12TH Avenue
Phoenix, AZ 85021
FOOTHILL LOTS
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 8-bathroom residential multi family at 9648 N 12TH Avenue is listed at $899,000. The estimated monthly payment is $4,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1987.
This property is listed by Zachary Coty and can be reached at 6025164767.
