9648 N 12TH Ave, Phoenix, AZ 85021
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Overview
Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 0.24
- Year built
- 1987
Utilities
- Heating
- Electric
- Cooling
- Electric, Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- Insurance
- $120
Taxes
- Tax Annual Amount (2025)
- $11,361
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 7045461 Last checked: …
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