Louise Riddle
BEDS0
BATHS
MLS#6957288
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSTACY TRACT
SCHOOLPhoenix Union High School District
Property Description
Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owners financials reflect a 6.36% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a 7,000 SF lot with R1-6 zoning and unassigned tenant parking. A rare opportunity to acquire a stabilized multi-unit configuration in a strong rental corridor near the VA Hospital, restaurants, and shopping. This is an owner/agent sale.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other, Electric, Ceiling Fan(s)
Heating: Electric
Roof Type: Composition
Taxes: $772
Year Built: 1946
Feature Descriptions
Community Features: No Pool
Days on Site: 127
Exterior: Wood Frame, Painted, Stucco
Parking: Other
Water: Other
Local Schools
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: Realty ONE Group
Agency Phone: 623-236-1414
Shown By
Agent Name: Louise Riddle
Agent Phone: (928) 200-4959
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 1,260.02 per month $1,057.14 Principal & Interest $64.33 Property Tax $138.54 Homeowner's InsuranceChange Payment Information
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3810 N 9th Place | MLS# 6957288
This multi-family property located at 3810 N 9th Place, Phoenix, AZ 85014 is currently listed for sale with an asking price of $475,000. N 9th Place is located within the Phoenix Union High School District school district. Search Phoenix real estate on lriddle.arizonabest.com today.