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Courtesy of Compass, Zachary Coty Listing Contact: 602-516-4767

For Sale

9648 N 12TH Avenue

9648 N 12TH Avenue, Phoenix, AZ 85021

$899,000

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.

8
beds

8
baths

Features & Amenities

Interior

total bedrooms8
Total bathrooms8
Flooring Tile, Laminate, Vinyl
APPLIANCES Refrigerator, Built-In Electric Oven

Area & Lot

Status For Sale
MLS® ID7045461
TypeMulti-Family
YEAR BUILT1987
NeighborhoodPhoenix
High SchoolSunnyslope High School
School DistrictGlendale Union High School District

Exterior

water SourceCity Franchise
roofFoam, Rolled/Hot Mop
parkingPaved, Free, 1 Space Per Unit
HEAT TYPEElectric
AIR CONDITIONINGElectric
sewerPublic Sewer

Financial

Sales Price$899,000
Real Estate Tax $11,361/yr
Zoning R-4

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