9033 N 11th Street, Phoenix, AZ Not Provided

$360,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$360,000
List Price
$334,000
Closing Date
Dec 11, 2024
Days on Market
61
Status
CLOSED
MLS#
6755715
City
Phoenix
Subdivision
Waltmore
Year Built
1958

Property Description

ET''S BE CLEAR THIS IS A 2 UNIT Property and YOU MUST BUY THE FOURPLEX NEXT DOOR. See the listing at 9047 N 11 St concurrently. The numbers are accurate and Tenants are Government Assisted Leases. Please see the Supplemental Remarks for all information. Drive by only. NO FHA OR VA LOANS but you could buy both properties using two separate Residential Loans or both with a Commercial Loan. Should be able to buy with a DCR loan as well. Buyer to verify all facts and figures Fully Occupied: All 6 units leased, ensuring stable rental income. 9.12% Cap Rate: High-yield returns outperform industry standards. Prime Location: Close to schools, parks, shopping centers, and public transit. Tenant Amenities: Includes storage rooms and private backyards for select units.

Additional Information

School District
Glendale Union High School District
Community Features
No Pool
Construction
Painted, Stucco, Block
Cooling
Ceiling Fan(s), Individual
Electric
APS, Individual Meter
Flooring
Ceramic Tile
Heating
See Remarks, Individual
New Financing
No Carry, Conventional
Parking Features
Free, >1 Space Per Unit, On Street
Roofing
Composition
Sewer
Public Sewer
Subdivision
Waltmore
Taxes
$558
Tax Year
2014
Units
2
Water
Master Meter, City Franchise
Zoning
R-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Gerchick Real Estate. Selling Office: Pak Home Realty.