9644 N 11TH Avenue, Phoenix, AZ 85021

$1,656,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,656,000 Last Modified: 2/21/2024

Overview

Description

The 16 Units at Mountain View Road were built in the 1960s with block construction. The unit mix consists of 6 – 2 bedrooms/1 bathroom and 10 – 1 bedroom/1 bathroom, all separately metered for electric and gas. The property also features a shared on-site laundry room. All the tenants are month-to-month, which provides an opportunity for investors to easily increase rents to market rates. The property is near I-17, SR 51, and Central Avenue.

Listing Details MLS# 6537227

Location, Tax & Legal

Map Code/Grid
M34
House Number
9644
Compass
N
Street Name
11TH
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85021
Zip4
3032
Country
US
County Code
Maricopa
Subdivision
FOOTHILL LOTS
Assessor Number
158-33-108
Tax Year
2022
Assessor's Map #
33
Legal Description (Abbrev)
LOT 1 FOOTHILL LOTS MCR 003839
Assessor's Parcel #
108
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
104501
Taxes
19584
Legal
LOT 1 FOOTHILL LOTS MCR 003839
Marketing Name
Foothill Lots

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
38.10, 112.84, 48.14, 102.90, 14.11
Year Built
1964
Uncvrd Parking Spcs
16
Total # of Units
16
# of Buildings
4
Zoning
R-4
Elementary School District
Washington Elementary District
High School District
Glendale Union High School District

Remarks Misc

Cross Street
15th Ave & Vogel Ave
Directions
Turn right onto Vogel Ave., turn left onto 11th Ave., property will be on your left.

Status Change Info

Off Market Date
2023-05-05
Under Contract Date
2023-05-03
Close of Escrow Date
2023-05-19

Legal Info

Township
3N
Range
3E
Section
30
Lot Number
Yes

More Information

Income Expenses

Gross Annual Sch Inc
109800

1 Bedroom Units

# 1 Bedroom Units
10
# Baths
Yes
Avg Rent
0

2 Bedroom Units

# 2 Bedroom Units
6
# Baths
Yes
Avg Rent
0

Sold Info

Loan Type
Other
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

13 - 24 Units
Yes

Construction

Other
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Other
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
19584
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
109

Pmt & Rate Info

Equity
2320000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes
Other
Yes
See Remarks
Yes

Heating

Heat Pump
Yes

Cooling

Other
Yes
See Remarks
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Other
Yes

Road Access Type

Dedicated Street
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes

Electric

SRP
Yes

Gas

Other (See Remarks)
Yes
Unisource
Yes

Owner Pays

Other
Yes
See Remarks
Yes

New Financing

Other (See Remarks)
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 13 - 24 Units Construction: Other Const - Finish: Painted Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool; Other; See Remarks Appliances Included: Other Heating: Heat Pump Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks); Unisource Parking Features: 1 Space/Unit Road Access Type: Dedicated Street Owner Pays: Other; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: R.O.I. Properties
Last Updated: February - 21 - 2024
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.