8910-8912 N 3rd Street

Phoenix, AZ 85020
Beds
12
$1,299,000
100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized… Read MoreRead Less
Courtesy of The Broker Reserve LLC 480-313-3234
Listing Snapshot
Days Online
333
Last Updated
Beds
12
Year Built
1945
MLS Number
6951020
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Property Location Map
Additional Details
Property Access
Road Surface: Asphalt
Building
Built in 1945, 1 building, Construction Materials: Brick Veneer, Painted, Block
Community
No Pool
Cooling
Central Air, Ceiling Fan(s), Window/Wall Unit
Disclosures
None
Expenses
Insurance: $6,985, Maintenance: $11,000, Operating: $29,092.9, Trash: $3,325, Water/Sewer: $5,051
Exterior Features
Sidewalk(s)
Floors
Vinyl, Concrete
Heating
Electric, Natural Gas
Income
Gross Income: $142,080, Gross ScheduledIncome: $132,000, Net Operating Income: $112,987
Lot
Dimensions: 100 x 125
Parking
10 open parking spaces, 10 total parking spaces, Paved, >1 Space Per Unit
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 160-50-087, Public Survey Range: 3E, Public Survey Section: 32, Annual Amount: $2,731.86, Tax Book Number: 160.00, Legal Description: SUNNY SLOPE, Lot: 20, Year: 2024, Zoning: R-5
Utilities
Water Source: City Franchise, APS, Individual Meter
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Jennifer Daniels
Team Leader | Realtor
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