Properties
Phoenix, AZ 85014 3616 N 12TH Street
$2,675,000
20 more
Presented By: RMA-Mountain Properties; 928-778-1010
Garage • 1
Home Details
Welcome to an extraordinary investment prospect located near the Phoenix Country Club and Biltmore area. Built in 2021, this modern 4-unit townhome property offers 4 beds, 3.5 baths, and spans 2200 sq ft (per unit) providing spacious living accommodations. Nestled in a prime location, this property is designed to cater to tenants who appreciate both convenience and luxury. Each townhome showcases a stylish design, enhanced by high-end finishes and amenities, promising an upscale living experience. Furthermore, the rooftop patios offer breathtaking views of the city and mountains, adding to the allure. With all units currently occupied, this property assures a prompt and consistent income stream for the discerning investor.
Presented By: RMA-Mountain Properties; 928-778-1010
Interior Features for 3616 N 12TH Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringVinyl
Heating Y/NYes
General for 3616 N 12TH Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.38
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsStucco, Block
CoolingElectric
CountyMaricopa
DisclosuresNone
ElectricAPS, Individual Meter
Elementary SchoolLongview Elementary School
Elementary School DistrictOsborn Elementary District
Garage Y/NYes
Gross Income166560.0
HeatingNatural Gas
High SchoolNorth High School
High School DistrictPhoenix Union High School District
Insurance Expense3356.88
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolOsborn Middle School
MobileHomeRemainsYNNo
Net Operating Income170749.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces4.0
Operating Expense21715.88
OwnerPaysLandscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofRolled/Hot Mop
Security FeaturesFire Sprinklers
Senior CommunityN
SewerSewer-In & Connected, Public Sewer
Standard StatusActive
StatusActive
Tax Annual Amount18359.0
Tax LotKK
Tax Year2025
Township2N
Year Built2021
Zoning[R-4];[R1-6]
Exterior for 3616 N 12TH Street
Covered Spaces2.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions161.21x78.86
Number of Buildings4
Parking FeaturesPaved, Add'l Parking Avail
Road Surface TypeConcrete
SpaNo
Total Parking6.0
Water SourceCity Franchise
Additional Details
Price History
Schools
High School
North High School
Middle School
Osborn Middle School
Elementary School
Longview Elementary School
