9648 N 12TH Avenue, Phoenix AZ 85021
$899,000
Brokerage: Ivy Realty(623) 299-4954
Home facts
- Price
- $899,000
- Status
- Active
- Beds
- 8
- Baths
- 8
- Year built
- 1987
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- FOOTHILL LOTS
- MLS #
- 7045461
Listed by Compass · 480-776-1555
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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
Roof
Foam, Rolled/Hot Mop
Sewer
Sewer - Public
Cooling
Electric
Heating
Electric
Electric
APS
Flooring
Tile, Laminate, Vinyl
WaterSource
City Franchise
ParkingFeatures
Paved, Free, >1 Space Per Unit
CommunityFeatures
No Pool
ConstructionMaterials
Wood Frame, Painted, Stucco, Block, Slump Block
Map
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).