3616 N 12TH Street, Phoenix, AZ 85014

$2,825,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $2,825,000 Last Modified: 4/09/2025

Overview

Description

Beautiful, High-end New Build 4 unit townhomes w/ each unit being 2,200 sqft, 4 bedrooms, 3.5 bathrooms, 3 total floors including 2 car garage and a rooftop deck. 42'' white shaker cabinets, quartz counters, stainless appliances, walk-in pantry and a wine fridge! Master Bath in each unit has a walk-in shower with overhead rainhead. Flooring to be light plank throughout including stairs. Amazing views from the top deck that is engineered to hold a hot tub. Construction to be completed middle of August 2022.

Listing Details MLS# 6401566

Location, Tax & Legal

Map Code/Grid
P34
House Number
3616
Compass
N
Street Name
12TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85014
Zip4
5149
Country
US
County Code
Maricopa
Assessor Number
118-17-049
Tax Year
2021
Assessor's Map #
17
Assessor's Parcel #
49
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
2051
Legal
ARB LOT KK BEG AT PT ON 1/4 SEC LI 180' N OF SE COR N2 SE4 NW4 TH S 89D 49' W 256.36' TH N 80' TH N 89D 49' E 256.36' TH
Marketing Name
None

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
161.21x78.86
Year Built
2022
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
4
Zoning
[R-4];[R1-6]
Flood Zone
No
Elementary School District
Osborn Elementary District
High School District
Phoenix Union High School District
Elementary School
Longview Elementary School
Jr. High School
Osborn Middle School
High School
North High School

Remarks Misc

Cross Street
12th St & Indian School
Directions
From the 51, go West on Indian School, south on 12th St. Property will be on your right (west side of street).

Status Change Info

Off Market Date
2022-11-23
Under Contract Date
2022-11-22
Close of Escrow Date
2022-11-23

Legal Info

Lot Number
KK

More Information

Income Expenses

Gross Annual Sch Inc
172800
Net Operating Income
170749

4 Bedrooms Units

# 4 Bedroom Units
4
Avg Rent
3400
Avg SqFt
2200
# Baths
35

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Buyer - B
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Construction

Block
Yes

Const - Finish

Stucco
Yes

Roofing

Rolled
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
2051
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
172800

Pmt & Rate Info

Cap Rate
5.89
Equity
0
Down Payment %
0
Monthly Payments
0
Total Owed
0

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Electric
Yes

Exterior Amenities

Landscape Water System
Yes
Fenced
Yes

Interior Features

Fire/Smoke Alarm(s)
Yes
Fire Sprinklers
Yes

Tenant Pays

Gas
Yes
Water
Yes
Electricity
Yes
Trash Collection
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Surface Type

Concrete
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

Garage
Yes
Paved
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

Owner Pays

Landscaping
Yes

New Financing

Other (See Remarks)
Yes

Special

Owner/Agent
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Stucco Roofing: Rolled Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Fenced Interior Features: Fire/Smoke Alarm(s); Fire Sprinklers Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Natural Gas Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Garage; Add'l Parking Avail; Paved Road Surface Type: Concrete Owner Pays: Landscaping Tenant Pays: Water; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Other (See Remarks) Special: Owner/Agent Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Other (See Remarks) Environmental: None
IDX
Listing Office: Bliss Realty & Investments
Last Updated: April - 09 - 2025
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