125 N 12th Avenue, Phoenix, AZ 85007

$584,900
List Price
$584,900
Status
ACTIVE
Days on Market
13
MLS#
6228394
City
Phoenix
Year Built
1921

Property 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. Located near professional sport teams and stadiums/arenas, restaurants, Universities, Schools, Government offices, Parks and entertainment. All facts and figures are an approximate buyer must verify MLS information.

Additional Information

Gross Annual Sch Inc
28800
Adjusted Gross Inc
28800
Taxes
$1,678
Annual Ins Exp
1620
Annual Water Sewer Exp
1920
Annual Landscape Exp
1200
Operating Exp
6418
Net Operating Income
$25,260
Units
2
Project Type
Duplex
Construction
Frame - Wood
Roofing
Comp Shingle
Parking
Other (See Remarks)
Cooling
2 or More Units, Central A/C, Electric Refrigeratd, ENERGY STAR Qualified Equipment, Individual
Heating
Electric
Floors
Carpet, Ceramic Tile
Interior Amenities
Breakfast Bar
Exterior Amenities
Desert Landscaping, Fenced, Green Landscaping, Landscape Wtr System
Zoning
R-5
Subdivision
Walker Sub
Community Amenities
No Pool
Electric
APS
Gas
None
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Cable TV, Electric
New Financing
1031 Exchange, Conventional
School District
210 - Phoenix Union High School District

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Best Homes Real Estate, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.