508 N 9th Avenue, Phoenix, AZ 85007
- $1,100,000
- 4
- BD
- 4
- BA
- List Price
- $1,100,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7087221
- City
- Phoenix
- Bedrooms
- 4
- Bathrooms
- 4
- Year Built
- 1953
Property Description
This investment consists of four red-brick historic townhomes located just off Grand Avenue in the Triangle neighborhood, within walking distance of downtown. Each unit includes a private rear yard and full side-by-side laundry. The interiors feature eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks. Units also feature vinyl plank flooring, central AC, double-pane windows and 55 inch TVs. The property is offered at a 5+ cap rate based on current actuals with long-term residents in place. New approved development across the street offers additional future value.
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Additional Information
- Taxes
- $1,263
- Units
- 4
- Flooring
- Other
- Parking Features
- Other
- Construction
- Brick, See Remarks, Brick Veneer
- Roofing
- Composition
- Cooling
- Central Air
- Heating
- Central
- Zoning
- RES
- Subdivision
- University Addition
- Community Features
- Other
- Electric
- APS
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Water, Electricity, Gas
- New Financing
- Conventional, 1031 Exchange, Cash
Courtesy of LISTED SIMPLY. 800-995-5879
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