3422 N 12TH Place Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85014
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Stephenson Subdivision
MLS Listing ID 6761204
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $2,976
Tax Year 2023
Lot Dimensions 60 x 126.8
Property Description
Huge opportunity to own a 4-plex investment property in a prime location! This is an incredible opportunity for future wealth creation, with rapid growth and development in the area - right near the Biltmore! Each of the four units in this well-maintained building offers 2 bed/ 2 baths, providing affordable living space across 974 sf per unit. All units come with appliances, making it move-in ready for tenants—no need for any added expenses. Best of all, there are no HOA fees—a major bonus that keeps your operating costs lower. Currently, all units are occupied, offering immediate rental income. One unit requires a little TLC, giving you the potential to increase its rental value. Great proximity to downtown Phoenix, shopping, dining, and public transport. Whether you're looking to expand your portfolio or dive into your first multi-family investment, this might be a fantastic opportunity. Don't miss out!
Location
State AZ
County Maricopa
Community Stephenson Subdivision
Zoning R-4
Direction Head east on E Osborn Rd toward N 9th Pl. Turn left onto N 12th Pl. Turn left. Turn left. Destination will be on the left.
Interior
Heating Individual,Central,Electric
Cooling Central A/C,Individual,Electric
Flooring Ceramic Tile
Appliance BI Oven/Range,F/S Oven/Range,Microwave,Washer/Dryer,W/D Hookup
Exterior
Garage Paved Parking,Common
Community Features Other,No Pool
Waterfront No
Roof Type Built-Up
Parking Type Paved Parking,Common
Total Parking Spaces 4
Building
Sewer Sewer-In & Connected,Public Sewer
Water City Franchise,Master Meter
Schools
Elementary Schools Longview Elementary School
Middle Schools Osborn Middle School
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 118-08-137
Acceptable Financing Conventional,FHA,VA Loan
Listing Terms Conventional,FHA,VA Loan