Sold

Closed

9033 N 11TH Street

Phoenix AZ

$360,000


Sold

Closed

Other

Built in 1958

ET''S BE CLEAR THIS IS A 2 UNIT Property and YOU MUST BUY THE FOURPLEX NEXT DOOR. See the listing at 9047 N 11 St concurrently. The numbers are accurate and Tenants are Government Assisted Leases. Please see the Supplemental Remarks for all information. Drive by only. NO FHA OR VA LOANS but you could buy both properties using two separate Residential Loans or both with a Commercial Loan. Should be able to buy with a DCR loan as well. Buyer to verify all facts and figures Fully Occupied: All 6 units leased, ensuring stable rental income.
9.12% 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.

6755715

MLS ID

September 11, 2024

Listed

December 12, 2024

Updated

Map

9033 N 11TH Street
Phoenix AZ

Interior Features

Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Individual, Ceiling Fan(s)


Heating

Yes


Heating Description

See Remarks, Individual

Exterior/Building Features

Roof

Composition


Sewer

Public Sewer

School Information

School District

Washington Elementary District

Other Property Details

Taxes

$558


Tax Frequency

Annually


Days on Market

172


Garage

No


Parking

Free, 1 Space Per Unit, Street Parking


Parking Total

4


View

No


County

Maricopa


Water Source

City Franchise, Master Meter


Pool

No


Zoning

R-4

Listing History

Date

Event

Price

12/12/2024

Sold

$360,000

11/12/2024

Pending

11/5/2024

Active

10/28/2024

Pending

10/18/2024

Price change

$334,000

-5%

10/2/2024

Price change

$349,000

-1%

Courtesy of Gerchick Real Estate

Listing Contact: 602-688-9279 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Wolffs shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 2:18 AM UTC, 12/12/2024.

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