$1,100,000
PENDING $125K PRICE DROP

Estimated payment $6,207/month

Total Views 2,576
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Ceiling Fan
  • Heat Pump System
  • Sunnyslope High School Rated A
  • Concrete Flooring
  • 4-minute walk to Norton Park

About This Home

These Fully LEASED and FULLY remodeled apartments offer a modern and comfortable living experience. With covered parking, you can rest assured knowing your vehicle is protected from the elements. Stay comfortable year-round with our heating and air conditioning system, ensuring the perfect temperature no matter the season. Conveniently situated close to the 51 FWY, commuting is a breeze, allowing you to easily explore all that Phoenix has to offer.

Listing Agent

Jim Powers

CR Property Services, Inc License #BR649776000 Listed on: 01/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1974

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 14 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot unk
  • Assessor Parcel Number 159-34-138-A

Community Details

Overview

  • 7 Units
  • Building Dimensions are 13765

Building Details

  • Operating Expense $17,111
  • Gross Income $95,100
  • Net Operating Income $77,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,583

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 12th Street and Northern
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2024
  • Directions: Head West on the Northern from HWY51, Turn North on 12th St to Mission Ln Property Located on the NE corner of 12th and Mission
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl, Concrete
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Paved, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Master Meter, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Fuel Expense: 1550.0
  • Trash Expense: 1800.0
  • Annual Water Sewer Expense: 1678.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 13765
  • Additional Parcels: No
  • Parcel #: 159-34-138-A

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 7
  • Electric Expense: 4100.0
  • Annual Gross Income: 95100.0
  • Insurance Expense: 5200.0
  • Property Net Operating Income: 77989.0
  • Annual Operating Expense: 17111.0

Tax Info

  • Tax Annual Amount: 1583.0
  • Tax Book Number: 159.00
  • Tax Lot: unk

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $1,100,000 -2.2% --
03/28/2025 03/28/25 For Sale $1,125,000 0.0% --
03/13/2025 03/13/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $1,125,000 -4.3% --
01/23/2025 01/23/25 Price Changed $1,175,000 -2.1% --
01/13/2025 01/13/25 Price Changed $1,200,000 -2.0% --
01/10/2025 01/10/25 For Sale $1,225,000 0.0% --
01/04/2025 01/04/25 Off Market $995 -- --
10/08/2024 10/08/24 Price Changed $995 -2.9% $2 / Sq Ft
09/26/2024 09/26/24 Price Changed $1,025 +3.0% $2 / Sq Ft
09/25/2024 09/25/24 For Rent $995 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6802961

Arizona Regional Multiple Listing Service (ARMLS)