This investment consists of four red-brick historic townhomes located just off Grand Avenue in the Triangle neighborhood, within walking distance of downtown. Each unit includes a private rear yard and full side-by-side laundry. The interiors feature eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks. Units also feature vinyl plank flooring, central AC, double-pane windows and 55 inch TVs. The property is offered at a 5+ cap rate based on current actuals with long-term residents in place. New approved development across the street offers additional future value.
Listed By
Agency Name: LISTED SIMPLY
Agency Phone: 800-995-5879
Shown By
Agent Name: Rick Elton
Agent Phone: (602) 818-7141
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 2,874.21 per month $2,448.12 Principal & Interest $105.25 Property Tax $320.83 Homeowner's Insurance
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508 N 9th Avenue | MLS# 7087221
This multi-family property located at 508 N 9th Avenue, Phoenix, AZ 85007 is currently listed for sale with an asking price of $1,100,000. N 9th Avenue is located within the Phoenix Union High School District school district. Search Phoenix real estate on relton.arizonabest.com today.