For more information on this property,
contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com
6107
N
12TH Place,
Phoenix,
Arizona
AZ
85014-6707
Sold For: $870,000
Listing ID 6419077
Status Closed
Year Built 1958
Property Description:
All units recently updated. Exterior painted 2022, roof replaced 2017, new carport roof 2019 & all windows replaced 2017. Unit #1 (1 bed/ 1 bath) AC/heating unit replaced 2017. New flooring installed throughout & kitchen remodeled 2018. Paint & drywall repairs 2022. Unit #2 (2 bed/1bath) New flooring installed throughout, new refrigerator & stove, interior paint & drywall repairs & updates to bathroom 2022. AC/heating unit replaced 2021. Unit #3 (2 bed/1 bath) Flooring replaced throughout 2019, A/C/heating replaced 2017, kitchen remodeled & new kitchen appliances 2016, & bathroom remodeled 2016. Common area laundry room added 2015. Units 3 is currently vacant with great income potential. Units 1 & 2 are occupied with month-to-month tenants Excellent opportunity for investor or owner to live in one unit & rent out the other two units. Each unit has covered parking spot & storage unit. Excellent location with trendy restaurants, shops, schools & easy access to freeway. Prospective buyers to verify all facts, figures & features.
Primary Features
County:
Maricopa
Property Type:
Multiple Dwellings
Subdivision:
ROSE LANE MANOR
Year Built:
1958
Zoning:
R-3
Interior
1 Bedroom Units # Baths:
1
1 Bedroom Units Avg SqFt:
672
2 Bedroom Units # Baths:
1
2 Bedroom Units Avg SqFt:
882
Cooling:
yes
Flooring:
Carpet, Ceramic Tile, Vinyl
Heating:
yes
Location
Community Features:
No Pool
Country:
US
Elementary School:
Madison Rose Lane School
Elementary School District:
Madison Elementary District
General Property Description Elementary School:
Madison Rose Lane School
General Property Description Elementary School District2:
Madison Elementary District
General Property Description High School:
North High School
General Property Description High School District:
Phoenix Union High School District
General Property Description Jr High School:
Madison Meadows School
High School:
North High School
High School District:
Phoenix Union High School District
Middle Or Junior School:
Madison Meadows School
Postal City:
Phoenix
Township:
2N
Water Source:
City Franchise
External
Attached Garage:
no
Construction Materials:
Painted, Block
Covered Spaces:
3
Electric:
APS, Individual Meter
General Property Description # of Buildings:
1
General Property Description Lot Size Dimensions:
127 x 85
General Property Description Total # of Units:
3
Lot Size Dimensions:
127 x 85
Number Of Buildings:
1
Number Of Units Total:
3
Parking Carport:
1
Parking Features:
Paved Parking, 1 Space/Unit, Common
Parking Total:
3
Road Surface Type:
Concrete
Roof:
Composition
Sewer:
Public Sewer
Additional
Buyer Agency Compensation:
2.50
Mls Status:
Closed
Public Survey Range:
3E
Public Survey Section:
9
Financial
2 Bedroom Units Avg Rent:
1500
Cap Rate:
6.13
Disclosures:
None
Gardener Expense:
1721
Gross Income:
58800
Gross Scheduled Income:
58800
Insurance Expense:
911
Listing Terms:
Other (See Remarks), Conventional, 1031 Exchange, VA Loan
Maintenance Expense:
670
Net Operating Income:
58800
Operating Expense:
8056
Owner Pays:
Other, Water, Sewer, Landscaping
Tax Annual Amount:
2356
Tax Book Number:
161.00
Tax Lot:
6
Tax Year:
2021
Tenant Pays:
Gas, Electricity
Water Sewer Expense:
2398
Zoning Info
Contact - Listing ID 6419077
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
