6525 N 12th Place Phoenix, AZ 85014

Amazing, rare opportunity to own a huge parcel in the heart of Central Phoenix housing a 2 bedroom 2.5 bath single family residence and 2 duplexes each with two-2 bedroom and 1 bathroom units. That is right, a total of 5 rentals on one piece of land. Each residence has a strictly qualified longer term tenant! Please see document tab for a detailed description of each dwelling. The grounds are beautifully maintained and Landlord only maintains the front yard ($75/month) with Tenants responsible for the backyard. Each duplex tenant has a quaint covered patio, access to a laundry room, and space for entertaining complete with BBQ and separate storage area. The 2 story single family home has a private, spacious, fenced backyard with its own covered patio and BBQ area. This is a very tight knit community, and the tenants all get along and lookout for one another. Rents are currently low for the area, and the portfolio still has a 6+ CAP rate. The properties are in great shape with low or no deferred maintenance. The entire property received a new roof in late 2014. Each unit has a unique kitchen, some with counter tops range, and some with slide ins. Most units have larger ceramic tile, some with no carpet at all! Don't let this opportunity slip by!