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    4625-4631 N 12 Avenue

    Phoenix, AZ 85013
    • $1,700,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 6266410
    New On Site 6 Days Ago
    UPDATED: 72 min ago
    $1,700,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    Excellent investment opportunity located in the highly sought after area of Central Phoenix. This sale includes two building: 4625 & 4631 N 12th Ave. Both are separately parceled. APN#s 155-43-186A & 155-43-187A. Well maintained and been updated with major renovations this year. See document tab for list of all capital improvements done. One Large 3BR & 2BA unit and five 2BR & 2BA units. All units have private storage rooms & there is a 2 car garage for additional revenue. All 2BR rents are currently below market at $1100-$1165. 2 BR Market rents are $1,250-$1350 Buyer to verify all facts and figures.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Devor Real Estate Associates | My Home Group. Data last updated 2021-07-25T17:12:41.89.
    www.devorandassociates.com/homes/119444993
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    4625-4631 N 12 Avenue Phoenix, AZ 85013

    • Price: $1,700,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 6266410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    008 - Osborn Elementary District
    Property Description
    Excellent investment opportunity located in the highly sought after area of Central Phoenix. This sale includes two building: 4625 & 4631 N 12th Ave. Both are separately parceled. APN#s 155-43-186A & 155-43-187A. Well maintained and been updated with major renovations this year. See document tab for list of all capital improvements done. One Large 3BR & 2BA unit and five 2BR & 2BA units. All units have private storage rooms & there is a 2 car garage for additional revenue. All 2BR rents are currently below market at $1100-$1165. 2 BR Market rents are $1,250-$1350 Buyer to verify all facts and figures.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 6.00 Exterior Amenities Cable Tv AvailableLandscape Wtr SystemSeparate StorageSecurity Light(S)Patio/BalconyPartially Fenced Lot Size Dimensions irr Parking AssignedStreet ParkingPaved ParkingGarageFreeCarportAuto Door Opener Roads AlleySidewalk(S)Curb(S) & Gutter(S)Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 912 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 1092 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling Heat PumpIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl/Composition Heating Ceiling Fan(S)IndividualHeat Pump Interior Amenities Fire/Smoke Alarm(S)UnfurnishedMini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1151.00 2 Bedroom Units 5 3 Bedroom Unit Avg Rent 1695.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 88163.30 Annual Elec Exp 0.00 Annual Ins Exp 3165.00 Annual Maint Exp 3978.00 Annual Mgmt Exp 7055.00 Annual Other Expense 1200.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 3544.00 Community Amenities Barbecue Area(S)No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 90240.00 Hoa YN No Net Operating Income 66544.00 New Financing ConventionalNo Carry Operating Exp 21639.00 Other Income 650.00 Owner Pays LandscapingWaterTrash CollectionSewer Project Type 5 - 12 Units Sale Includes Personal Property Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Phoenix Taxes 2697.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.03 Water City FranchiseMaster Meter Zoning R-3

    Listing courtesy of Gerchick Real Estate.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Devor Real Estate Associates | My Home Group. Data last updated 2021-07-25T17:12:41.89.
     
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    Devor Real Estate Associates | My Home Group
    6751 N Sunset Blvd
    Glendale AZ, 85305