9047 North 11TH Street Phoenix, AZ 85020

$350,000
$350,000
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Fully Occupied: All 6 units leased, ensuring stable rental income.8.3% Cap Rate: High-yield returns outperform industry standards.Prime Location: Close to schools, parks, shopping centers, and public transit.Tenant Amenities: Includes storage rooms and private backyards for select units.Long-Term Tenants: Stable tenant base with long-term leases.New Landscaping: Enhances curb appeal and attracts quality tenants.Value-Add Potential: Opportunity for upgrades or rent optimization.Low Maintenance: Well-maintained units ensure minimal operational issues.Income Stability: Multi-unit properties offer steady cash flow.Growth Potential: Secure this asset in a rising market.

Fully Occupied: All 6 units leased, ensuring stable rental income.8.3% Cap Rate: High-yield returns outperform industry standards.Prime Location: Close to schools, parks, shopping centers, and public transit.Tenant Amenities: Includes storage rooms and private backyards for select units.Long-Term Tenants: Stable tenant base with long-term leases.New Landscaping: Enhances curb appeal and attracts quality tenants.Value-Add Potential: Opportunity for upgrades or rent optimization.Low Maintenance: Well-maintained units ensure minimal operational issues.Income Stability: Multi-unit properties offer steady cash flow.Growth Potential: Secure this asset in a rising market.

  • Neighborhood
  • Type
  • County
    Maricopa
  • Area
    Phoenix
  • Tax Amount
    $894
  • Status
    Active
  • Listing #
    6755715
  • Built
    1949
  • Listed on site
    7 days

Listed by:
Gerchick Real Estate

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool
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