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DESCRIPTION

Exciting Opportunity to own this Stunning Multi-Family Home in the Heart of Downtown Phoenix in the Woodland Historic District . Fully Occupied! EXTENSIVELY and FULLY RENOVATED in 2018, including Electrical and Wiring, Plumbing, Central Air, Insulation, Framing, Stucco and Siding, All New Roof - this property was fully renovated while going through the Historic District for all renovation approval. Practically a brand new property! Well established tenants with 0 Vacancy Allowance since the Renovation. Tenants would love to stay. Unit 1: 2 Bed/1.5 Bath with Full Bath and Laundry on 1st floor; Unit 2: 2 Bed/ 1 Bath with 1 Bed and Bath on 1st floor, and 2nd Bedroom and Laundry on 2nd Floor. Each Unit is individually Metered for Electricity.

KEY DETAILS
  • Price:
  • $584,900
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • n/a
  • Year Built:
  • 1921
  • MLS #:
  • 6228394
  • Street Address:
  • 125 N 12th Ave
  • City:
  • Phoenix
  • State:
  • AZ
  • Postal Code:
  • 85007
  • County:
  • Maricopa
  • Subdivision:
  • Walker Sub
  • Listing Status:
  • For Sale - Active

Building

  • Construction Description:
  • Frame - Wood
  • Exterior Features:
  • Desert Landscaping, Fenced, Green Landscaping, Landscape Wtr System
  • Flooring:
  • Carpet, Ceramic Tile
  • Interior Features:
  • Breakfast Bar
  • Number Of Units:
  • 2.00
  • Siding:
  • Painted, Siding, Stucco
  • Type Of Roof:
  • Comp Shingle
  • Year Built:
  • 1921

Business

  • Adjusted Gross Income:
  • 28800.00
  • Annual Insurance Expenses:
  • 1620.00
  • Annual Landscape Expenses:
  • 1200.00
  • Annual Water/Sewer Expenses:
  • 1920.00
  • Net Operating Income:
  • 25260.00
  • Operating Expense:
  • 6418.00

Land

  • Conforms To Zoning:
  • R-5

Listing

  • Community Features:
  • No Pool
  • Included In Sale:
  • Land & Building
  • Terms:
  • 1031 Exchange, Conventional

Money

  • Owner Pays:
  • Landscaping, Sewer, Trash Collection, Water
  • Property Taxes:
  • $1,678
  • Tenant Pays:
  • Cable Tv, Electric

Structures

  • Parking Description:
  • Other (see Remarks)
  • Parking Spaces:
  • 4.00

Systems

  • Appliances:
  • Bi Oven/Range, Microwave, Refrigerator, Washer/Dryer
  • Cooling System:
  • 2 Or More Units, Central A/C, Electric Refrigeratd, Energy Star Qualified Equipment, Individual
  • Electricity:
  • Aps
  • Existing Water:
  • City Franchise
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public

Source

  • Listings Provided by Best Homes Real Estate

    ARMLS
REQUEST SHOWING
SCHOOL RATINGS
n/a

SCHOOL DISTRICT: 210 - PHOENIX UNION HIGH SCHOOL DISTRICT

NOTES

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