For Sale

Listed by Lindsay Baker from Evolution Real Estate, LLC

Source: Arizona Regional Multiple Listing Service #6943822

114 North 9th Avenue, Phoenix, AZ, 85007

$1,600,000

MultiFam

30+ days on the market

What's around 114 North 9th Avenue

About this property

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.

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