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10229 N 12Th Avenue, Phoenix, AZ 85021

For sale$262,000

Est payment: $ / mo
Bedrooms:0 beds
Bathrooms:0 baths
Sq. Ft.:-- sqft
Lot:--
Year Built:1952
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Excellent opportunity for an owner occupant or an investor, this income-producing property in historic Sunnyslope has two mid-century detached homes already fully occupied on month-to-month leases. Zoned R-3, these homes sit on one side of an almost-half-acre lot,leaving plenty of room to build additional homes on the site to generate even more income!!! The flexibility of those current month-to-month leases make this a great choice for a homebuyer looking for both a place to live AND a regular source of income that can be used to pay a large portion of the monthly mortgage. However, both current tenants have been in place long term (one for eight years, the other for three) and would like to stay, which also makes this property attractive as an investor holding. Front unit (1,450 sq ft/4 bedrooms/2 baths, 1-car carport) currently rents for $930/month. Rear unit (1,350 sq ft/3 bedrooms/2 baths, no covered parking but plenty of parking space), rents for $840. Tenants pay all utilities, with each home metered separately, and NO HOA!!! Very attractive location in a venerable Phoenix neighborhood with unobstructed views of both Shaw Butte and North Mountain.

Detailed Items

Architecture Style : Other
Building Unit Count : 2
appliance : Oven, Refrigerator
floor : Tile - Ceramic
roof : Composition Shingle

Schools near 10229 N 12Th Avenue, Phoenix, AZ

School nameOther known namesDistance in miles
American Indian College0.51
Mountain View SchoolMountain View Elementary School,Mountain View School0.59
Valley of the Sun School0.60
Dragonfeye Science School1.17
Sunnyslope School1.69

Listing info

Listing courtesy of Tempe Realty 1, LLC dba Keller Williams Realty Eas
Copyright © 2019 ListHub. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

is a multifamily listing of -- sqft on an unknown lot size. This multifamily listing has 0 bedrooms, and 0 baths. The map for this location is located at https://maps.google.com/?q=10229+N+12TH+Avenue%2cPhoenix%2cAZ%2c85021.


All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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