10229 N 12TH Avenue

    Phoenix, AZ 85021
    • $262,000
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 5845041
    UPDATED: 71 min ago
    $262,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:

    Description

    Excellent opportunity for an owner occupant or an investor, this income-producing property in historic Sunnyslope has two mid-century detached homes already fully occupied on month-to-month leases. Zoned R-3, these homes sit on one side of an almost-half-acre lot,leaving plenty of room to build additional homes on the site to generate even more income!!! The flexibility of those current month-to-month leases make this a great choice for a homebuyer looking for both a place to live AND a regular source of income that can be used to pay a large portion of the monthly mortgage. However, both current tenants have been in place long term (one for eight years, the other for three) and would like to stay, which also makes this property attractive as an investor holding.

    Monthly Payment Calculator

    © 2019 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-22T19:11:53.673.
    www.yosthomes.com/homes/89290194

    10229 N 12TH Avenue Phoenix, AZ 85021

    • Price: $262,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 5845041
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1952
    Built
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Mountain View Elementary School
    Middle School:
    Mountain View Elementary School
    High School:
    Sunnyslope High School
    School District:
    006 - Washington Elementary District
    Property Description
    Excellent opportunity for an owner occupant or an investor, this income-producing property in historic Sunnyslope has two mid-century detached homes already fully occupied on month-to-month leases. Zoned R-3, these homes sit on one side of an almost-half-acre lot,leaving plenty of room to build additional homes on the site to generate even more income!!! The flexibility of those current month-to-month leases make this a great choice for a homebuyer looking for both a place to live AND a regular source of income that can be used to pay a large portion of the monthly mortgage. However, both current tenants have been in place long term (one for eight years, the other for three) and would like to stay, which also makes this property attractive as an investor holding.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 1.00 Exterior Amenities Partially FencedCable Tv AvailableRv/Boat Parking Lot Size Dimensions .43 Acre Parking Free Roads Dirt/Gravel Roofing Comp Shingle Total Parking Spaces 9.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 1350 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 1450 4 Bedroom Unit Baths 2 Appliances Included F/S Oven/RangeW/D HookupRefrigerator Cooling Electric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating GasHeat Pump Interior Amenities UnfurnishedMini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 840.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 930.00 4 Bedroom Units 1 Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Cross Street W Peoria Ave & N 11th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing ConventionalSeller May Carry Operating Exp 938.00 Other Income 0.00 Other Type Other (See Remarks) Owner Pays LandscapingNone Project Type Other (See Remarks) Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 938.00 Tenant Pays WaterCable TvTrashGasElectricSewer Totl Mnth Rntal Inc 1770.00 Vacancy Allowance 0.00 Water City FranchiseIndividual Meter Zoning R-3

    Listing courtesy of Keller Williams Realty East Valley.
    © 2019 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-22T19:11:53.673.
     
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122