About 9648 N 12th Avenue
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.
Features of 9648 N 12th Avenue
| MLS® # | 7045461 |
|---|---|
| Price | $999,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Year Built | 1987 |
| Type | Multiple Dwellings |
| Status | Active |
Community Information
| Address | 9648 N 12th Avenue |
|---|---|
| Subdivision | FOOTHILL LOTS |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85021 |
Amenities
| Amenities / Community Features | No Pool |
|---|---|
| Parking Spaces | 10 |
| Parking | Paved, Free, >1 Space Per Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator, Built-In Electric Oven |
|---|---|
| Heating | Electric |
| Cooling | Electric |
| Fireplace | No |
Exterior
| Roof | Foam, Rolled/Hot Mop |
|---|---|
| Construction | Wood Frame, Painted, Stucco, Block, Slump Block |
School Information
| District | Glendale Union High School District |
|---|---|
| High | Sunnyslope High School |
Additional Information
| Zoning | R-4 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass |
|---|