4037 S 12th Street, Phoenix, AZ 85040
- $595,000
- 6
- BD
- 4
- BA
- List Price
- $595,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 7071032
- City
- Phoenix
- Bedrooms
- 6
- Bathrooms
- 4
- Year Built
- 2025
Property Description
Amazing investment opportunity to own this brand-new duplex! Each unit features 3 bedrooms and 2 bathrooms with high-end finishes throughout, including stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, and brand-new stackable washer/dryers. Each unit also includes a covered parking space, with additional guest parking available. A turfed common area between the buildings provides a great space for pets and outdoor enjoyment. Perfect for a first-time homebuyer looking to house hack or an investor seeking a low-maintenance property with a desirable unit mix, luxury finishes, and strong cash flow potential.
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Additional Information
- Taxes
- $178
- Net Operating Income
- $41,272
- Cap Rate
- 6.94
- Units
- 2
- Parking Features
- >1 Space Per Unit
- Construction
- Wood Frame, Painted, Stucco
- Roofing
- Composition
- Cooling
- Central Air, Electric, Varies by Unit, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R-4
- Subdivision
- Villas At 12th Street Condominiums
- Community Features
- No Pool
- Electric
- APS, City Electric, Individual Meter, SRP
- Water
- City Franchise, Individual Meter, Private
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, No Carry, Cash
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Listing courtesy of Compass.
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