$2,200,000
9644 N 10TH Avenue, B1
Phoenix, AZ 85021
MLS# 6203371



9644 N 10TH Avenue, B1, Phoenix, AZ 85021
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9644 N 10TH Avenue, B1, Phoenix, AZ 85021 9644 N 10TH Avenue, B1, Phoenix, AZ 85021 9644 N 10TH Avenue, B1, Phoenix, AZ 85021 9644 N 10TH Avenue, B1, Phoenix, AZ 85021

Property Description
TURN KEY INVESTMENT OPPORTUNITY!! 9644 & 9646 N, 10TH AVE TWO BUILDINGS CONSISTS OF 11-2 BEDROOM UNITS AND 1-1 BEDROOM UNIT IN THE NORTH PHOENIX AREA. 100% OCCUPANCY AND ROOM TO INCREASE THE RENTS. BUILDING HAS JUST BEEN COMPLETELY REPAINTED. ALL UNITS HAVE WASHER AND DRYER HOOKUPS. THE LOWER LEVEL UNITS HAVE PRIVATE BACKYARDS. THIS PROPERTY IS IN AN EXCELLENT RENTAL AREA AND IS WELL LOCATED. CLOSE TO THE I-17 FREEWAY GIVING ACCESS TO ALL PARTS OF PHOENIX AND THE METRO AREA.

Details
Maps
Contract Info
Current Price: $2,200,000
List Price: $2,200,000
Status: Active
List Date: 2021-03-05
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: M34
House Number: 9644
Compass: N
Street Name: 10TH
St Suffix: Avenue
Unit #: B1
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 3172
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT B1 MONTANA VISTA CONDOMINIUM MCR 023034
Subdivision: MONTANA VISTA CONDOMINIUM
Assessor's Map #: 34
Assessor's Parcel #: 144
Add'l Parcels: No
Assessor Number: 158-34-144
Legal: LOT B1 MONTANA VISTA CONDOMINIUM MCR 023034
Census Tract: 104501
Tax Municipality: Maricopa - COUNTY
Taxes: 356
Tax Year: 2020
Marketing Name: MONTANA VISTA
General Property Description
Year Built: 1981
Uncvrd Parking Spcs: 16
Total # of Units: 12
# of Buildings: 2
Zoning: R7-3
Flood Zone: No
Elementary School: Mountain View Elementary School
Jr. High School: Mountain View Elementary School
High School: Sunnyslope High School
Elem School Dist #: 000 - Out of Area
High School Dist #: 000 - Out of Area
Remarks & Misc
Cross Street: 10TH AVE AND MOUNTAIN VIEW
Directions: SOUTH FROM PEORIA AND 19TH AVE TO MOUNTAIN VIEW TURN LEFT TO PROPERTY ON RIGHT.
Geo Lat: 33.574567
Geo Lon: -112.086258
Status Change Info
Status Change Date: 2021-03-05
Legal Info
Township: 3N
Range: 3E
Section: 30
Lot Number: B1
Income & Expenses
Annual Ins Exp: 4800
Annual Maint Exp: 12000
Annual Wtr/Swr Exp: 7200
Owner Association: No
Operating Exp: 24356
Gross Annual Sch Inc: 124075
Vacancy Allowance: 0.05
Adjusted Gross Inc: 117871.25
Pmt & Rate Info
Equity: 2200000
Showing Instructions
To Schedule Showing: Contact Via Text, Phone or Email
ARMLS Lockbox: No
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 750
Avg SqFt: 725
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 11
Avg Rent: 950
Avg SqFt: 850
# Baths: 1
Contact Info
List Agent Home Phn: 480-255-0898
List Agent Cell Phn: 480-255-0898
Property Features
Project Type: 5 - 12 Units
Other Type: Other (See Remarks)
Construction: Block; Frame - Wood
Const - Finish: Painted
Roofing: Comp Shingle; Built-Up
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Amenities: Other (See Remarks)
Exterior Amenities: Other (See Remarks)
Appliances Included: Refrigerator; Dishwasher; Disposal; W/D Hookup
Heating: Electric; Individual
Cooling: Electric Refrigeratd; Individual
Water: Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking: 1 Space/Unit; Assigned; Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Projected Proforma
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: Other (See Remarks)

Listing Office: Regent Goldstar Real Estate

Last Updated: March - 06 - 2021

9644 N 10TH Avenue, B1, Phoenix, AZ 85021 - MLS# 6203371

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Monday 19th of April 2021 09:22 AM