9033 N 11TH Street Active

Phoenix,AZ

$ 349000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Waltmore

MLS Listing ID 6755715

Maintenance Fees $1,280

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1958

Annual Tax Amount $558

Tax Year 2014

Lot Dimensions irr

Property Description

Fully Occupied: All 6 units leased, ensuring stable rental income.
8.69% Cap Rate: High-yield returns outperform industry standards.
Prime Location: Close to schools, parks, shopping centers, and public transit.
Tenant Amenities: Includes storage rooms and private backyards for select units.
Long-Term Tenants: Stable tenant base with long-term leases.
New Landscaping: Enhances curb appeal and attracts quality tenants.
Value-Add Potential: Opportunity for upgrades or rent optimization.
Low Maintenance: Well-maintained units ensure minimal operational issues.
Income Stability: Multi-unit properties offer steady cash flow.
Growth Potential: Secure this asset in a rising market.

Location

State AZ

County Maricopa

Community Waltmore

Zoning R-4

Direction North on 11 St and property is on the right side of the street

Interior

Heating See Remarks,Individual

Cooling Individual,Ceiling Fan(s)

Flooring Ceramic Tile

Appliance F/S Oven/Range

Exterior

Garage Free,>1 Space Per Unit,Street Parking

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type Free,>1 Space Per Unit,Street Parking

Total Parking Spaces 4

Building

Sewer Public Sewer

Water City Franchise,Master Meter

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 159-35-112

Acceptable Financing No Carry,Conventional

Listing Terms No Carry,Conventional

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