Properties
Phoenix, AZ 85040 4037 S 12th Street
$8,000,000
65 more
Presented By: FSR Realty; 602-826-5566
Home Details
Rare opportunity to own a brand new property! The finishes are higher quality and made to last as a rental property. Kitchens feature stainless steel appliances and quartz counter tops. Units can be 3 bedroom & 2 baths, and some are 4 bedroom & 2 baths and occupied as CoLiving units with Padsplit. This property has multiple uses as long-term rentals, Coliving, or even condominiums. Each unit is individual parceled to allow for the possibility of multiple owners.
Presented By: FSR Realty; 602-826-5566
Interior Features for 4037 S 12th Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringLaminate
Heating Y/NYes
General for 4037 S 12th Street
Additional Parcels Y/NYes
Attached Garage No
Cap Rate9.71
Carport Y/NNo
CityPhoenix
Community FeaturesOther, Barbecue
Construction MaterialsWood Frame, Stucco
CoolingHeat Pump
CountyMaricopa
DirectionsHead East on Broadway from 7th Street, Go North on 12th Street to property.
DisclosuresNone
ElectricAPS
Garage Y/NNo
Gross Income3337008.0
HeatingHeat Pump
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income776892.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total24
Open Parking Spaces5.0
Operating Expense178.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofFoam
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameVILLAS AT 12TH STREET CONDOMINIUMS
Tax Annual Amount178.0
Tax Lot101
Tax Year2025
Township1N
Year Built2025
ZoningR3
Exterior for 4037 S 12th Street
Covered Spaces24.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions337X164
Number of Buildings12
Parking Features>1 Space Per Unit, Carport
Road Surface TypeAsphalt
SpaNo
Total Parking29.0
Water SourceMaster Meter
Additional Details
Price History
