Listing MLS# 6908655 Phoenix AZ Real Estate
Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Phoenix AZ real estate, Brills Addition Amd - Phoenix real estate for sale, Phoenix, AZ homes for sale and Phoenix real estate and Phoenix homes.
Phoenix, AZ 85006
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1984Year Built
- 0.00Acres
- 41 yearsEst Age
- MLS# 6908655
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market1 month, 16 days
- AreaMaricopa
- CountyMaricopa
- Subdivision Brills Addition Amd
Overview
An exceptional investment opportunity to own a stabilized, income-generating asset in one of Phoenix's most dynamic neighborhoods. This well-maintained, 8-unit apartment building features a mix of (2) 1 bedroom/1 bath units and (6) studio apartments. Updated Interiors include LVP or tile flooring throughout, as well as updated kitchens & bathrooms. All units have mini-split heat pumps and are individually metered for electricity, allowing tenant convenience and expense control. A strong rental demand in the area ensures immediate cash flow. Located just blocks from Roosevelt Row, Arts District, Chase Field, Footprint Center, local shops and dining, attribute to the strong appeal among tenants seeking an authentic Downtown Phoenix experience. Its proximity to major medical centers, including Banner, University Medical Center and St. Joseph's Hospital, makes it particularly attractive to traveling nurses and other healthcare professionals. Additionally, the property's location near Arizona State University's downtown campus appeals to visiting faculty, students, and business travelers. Commuting is a breeze with nearby public transportation and easy connections to I-10, I-17, SR51 and Loop 202.
Agriculture / Farm
Horse: No
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Stucco
Roof: Built-Up
Exterior Features
Pool Private: No
Financial
Owner Pays: Trash Collection,Water,Sewer
Gross Income: 95640
Insurance Expense: 3081
Maintenance Expense: 3000
Garage / Parking
Parking Features: Paved, Free, >1 Space Per Unit
Garage: No
Attached Garage: No
Interior Features
Flooring: Ceramic Tile, Vinyl
Appliances: Free-Standing Range, Refrigerator, Microwave
Fireplace: No
Lot Info
Lot Size: 137'x50'
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt, Sidewalk(s)
Zoning: R5
Property Attached: No
Tax Info
Tax Legal Description: BRILL LOT 1 BLK 10 W 137' EX N 50'
Tax Amount Annual: 1735
Unit Info
Total Units: 8
Utilities / Hvac
Water Source: City Franchise
Electric: APS, Individual Meter
Cooling: Yes
Cool System: Electric, Heat Pump
Heating: Heat Pump, Electric
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Water Front: No
Directions
From 7th St, turn East on Roosevelt. Property is located on NWC of 9th St and Roosevelt. Entrance on Roosevelt.
Listings courtesy of Homesmart
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