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    4625-4631 N 12 Avenue

    Phoenix, AZ 85013
    • $1,700,000
    • STATUS: Active
    • ID#: 22118541
    UPDATED: 62 min ago
    $1,700,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Courtesy of Gerchick Real Estate.

    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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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-07-28T16:07:04.433.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Dream Team AZ | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.thedreamteamaz.com/homes/119449992
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    4625-4631 N 12 Avenue Phoenix, AZ 85013

    • Price: $1,700,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 22118541
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    Neighborhood:
    Maricopa
    County:
    Maricopa
    Area:
    Maricopa
    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 Concrete Block Fence Wood Landscape Front Decorative GravelShrubsTreesSprinkler/Drip Landscape Rear Decorative GravelTreesDesert Plantings Parking FreeParking Structure Parking Number Covered Parking 6 Road Type Chip/Seal Roof Shingle

    Interior Features

    Main Cooling Ceiling FansHeat Pump Main Heating Heat Pump

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 3.92 Analysis Gross Rent Multi 19.28 Analysis Vacancy Rate Percent 3.00 Assessments 0.00 Country Usa Electric Electric Company Aps Electric Master Meter No Expenses Contract Services 1200.00 Expenses Figures Presented Actual Expenses Insurance 3155.00 Expenses Maintenance Supplies 3955.00 Expenses Resident Manager 7055.00 Expenses Taxes Assessments 2697.00 Expenses Water Sewer 3544.00 Fenced Storage No Fire Protection Included in Taxes Freeway Highway 2.1 - 5 Mile Gas None Income Adjusted Gross 88183.00 Income Gross Scheduled Rent 90240.00 Income Net Opp Income 88183.00 Income Other Income 650.00 Income Vacancy Loss 2707.00 Lot Dimensions irr Lot Features Adjacent To AlleyEast/West Exposure Lot Sqft 0.00 Multi Tenant Yes Municipality Zoning Other - Call Property Disclosures AddendumSeller Prop DisclosurePlat MapMarketing Package AvailableLeasesLead Based PaintInventory ListFloor Plan Property Features Smoke DetectorStorage Property Sub Type Apartment Security Security Lights Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2020 Taxes 2697.00 Terms CashConventional Total Parking 8 Traffic Count Unknown Water City

    Listing provided courtesy of Gerchick Real Estate. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-07-28T16:07:04.433.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Dream Team AZ | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    The Dream Team AZ | Realty Executives
    6444 E Tanque Verde Rd.
    Tucson AZ, 85715
    Courtesy of Gerchick Real Estate.