114 North 9th Avenue

Phoenix AZ 85007

Multi-Family

Currently for sale - view listing

Overview

Incredible investment opportunity! The half acre property is situated right on the corner of 9th Ave and Adams. The well established gated community is comprised of 7 stand alone units. One 3 bedroom/2 bathroom home and six 2 bedroom/1 bathroom cottages. Many upgrades have already been completed including a full remodel of the pool in 2018. All units have new roofs and solar panels in 2018 and with the addition of extra attic insulation in 2023 the tenants and owner benefit from lower electric bills. All water heaters have been replaced within the last 8 years with more than half still being under warranty. All HVAC systems have been replaced within the last 9 years. All units have a transferable termite warranty. On-site community laundry is provided as a tenant benefit and an opportunity for the owner to gain additional income. Close to all that Downtown Phoenix has to offer - shops, corporations, Chase Field and Footprint Center, this is an ideal location to live the urban lifestyle that many Phoenicians crave.

Features

Multi-Family

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