Properties
Phoenix, AZ 85020 9047 N 11TH Street
$590,000
7 more
Presented By: Pak Home Realty; 909-351-5105
Home Details
ATTENTION: THIS IS A 4 UNIT PROPERTY AND YOU MUST BUY THE DUPLEX NEXT DOOR. fully occupied 6-unit apartment building, offering consistent cash flow with significant income growth and value-add potential. This property represents a rare opportunity to acquire a stable, income-producing asset with strong long-term appreciation prospects. Buyers may purchase both properties using two separate Residential Loans, a single Commercial Loan, or potentially qualify through a DCR loan, providing flexible financing options to maximize investment potential.
Presented By: Pak Home Realty; 909-351-5105
Interior Features for 9047 N 11TH Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
General for 9047 N 11TH Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate11.6
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Stucco, Block
CoolingCeiling Fan(s), See Remarks, Individual
CountyMaricopa
DirectionsNorth on 11 St and property is on the right side of the street
DisclosuresSeller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
ElectricAPS, Individual Meter
Electric Expense3850.0
Elementary School DistrictGlendale Elementary District
Garage Y/NNo
Gross Income81503.28
HeatingSee Remarks, Individual, Heat Pump
High School DistrictGlendale Union High School District
Insurance Expense1751.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense1000.0
MobileHomeRemainsYNNo
Net Operating Income69588.16
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total4
Open Parking Spaces6.0
Operating Expense11267.84
OwnerPaysElectricity, Trash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofFoam
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameWALTMORE
Tax Annual Amount945.84
Tax Lot0
Tax Year2024
Water Sewer Expense3371.0
Year Built1958
ZoningR-4
Exterior for 9047 N 11TH Street
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensionsirr
Number of Buildings1
Parking Features>1 Space Per Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking6.0
Water SourceMaster Meter, City Franchise
Additional Details
Price History
