1001 N 9th Street, Phoenix, AZ 85006
- $1,225,000
- 8
- BD
- 8
- BA
- List Price
- $1,225,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 7078296
- City
- Phoenix
- Bedrooms
- 8
- Bathrooms
- 8
- Year Built
- 1984
Property Description
Prime downtown Phoenix multifamily opportunity just steps from the vibrant Roosevelt Row Arts District. This property offers unbeatable walkability to restaurants, local boutiques, art galleries, sports venues, and major employment centers, making it a highly desirable location for renters seeking convenience and culture. * Low-maintenance units consisting of efficient studio's and 1-bedroom floor plans*Turnkey investment with rents already at market rate*Seller-managed, demonstrating strong pride of ownership*Ideal for investors seeking stable cash flow and minimal operational complexity* Located in one of Phoenix's most dynamic and walkable urban corridors. All facts and figures approximate, buyer to verify to their own satisfaction.
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Additional Information
- Taxes
- $1,843
- Net Operating Income
- $79,041
- Cap Rate
- 6.45
- Units
- 8
- Parking Features
- 1 Space/Unit
- Construction
- Wood Frame, Stucco
- Roofing
- Tile, Built-Up
- Cooling
- Heat Pump, Electric, Varies by Unit
- Heating
- Heat Pump, Varies by Unit
- Zoning
- R-5
- Community Features
- Other
- Electric
- APS
- Water
- City Franchise
- Tenant Pays
- Electricity
- New Financing
- Conventional, 1031 Exchange, No Carry, Cash
Courtesy of Levrose Real Estate. 480-947-0600
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