Address
2329 N 12TH Street, Phoenix, AZ
Price
$ 500,000
Property Attributes
  • MLS#6683619
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodEDGEMERE PLACE
  • Zip85006
  • StyleMultiple Dwellings
  • Year Built1957
  • Taxes$ 1787
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Beautiful brick duplex located in the heart of Central Phoenix. Tenant in Unit 1 has a lease until February 2025. Unit 2 is vacant. Each unit has 1 bedroom, 1 bath. Unit 2 had new windows installed 2022. Unit 1 had AC replaced about 5 years ago. Unit 2 had new gas lines installed.

Price History
3/28/2024 Listed $500,000

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling Individual,Electric,Ceiling Fan(s)
Roof Composition
Zoning Multi family
Construction Materials Stone,Brick
Year Built 1957
Electric SRP
Tenant Pays Electricity,Cable TV,Landscaping
Township 2N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 18000.0
OwnerPays Gas,Trash Collection,Water
Community Features No Pool
County Maricopa
Net Operating Income 32400.0
Operating Expense 1787.0
Property Type Multiple Dwellings
Attached Garage No
Subdivision Name EDGEMERE PLACE
Garage Y/N No
Status Active
Directions At 12th St./Thomas,go South on 12 St. to home on the East side of the road.
City Phoenix
Buyer Agent Compensation 2.50
Disclosures Seller Prop Disc Stm
View Y/N No
High School District Phoenix Union High School District
Open Parking Spaces 1.0
Total Units 2
Lot Size Square Feet 0.0
Carport Y/N No
Street Name 12TH
Tax Annual Amount 1787.0
Current Financing Not Applicable
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 30
Standard Status Active
Occupancy Description Tenant
Elementary School District Phoenix Elementary District
Tax Lot 8
Cap Rate 6.48
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Ceramic Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Parking Features Add'l Parking Avail,
Water Source City Franchise
Total Parking 1.0
Lot Size Area 0.0
Number of Buildings 1
Spa No
Lot Dimensions 6500
Lot Size Acres 0.0
Road Surface Type Asphalt,Sidewalk(s)
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85006

Price
AVG $890K
$500K
Taxes
AVG $1,491
$1,787
Visits
AVG 90
29
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1957