1001 N 9TH Street new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85006
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Brills Addition Amd
MLS Listing ID 6908655
Maintenance Fees $3,000
Year Built 1984
Annual Tax Amount $1,735
Tax Year 2024
Property Description
An exceptional investment opportunity to own a stabilized, income-generating asset in one of Phoenix's most dynamic neighborhoods. This well-maintained, 8-unit apartment building features a mix of (2) 1 bedroom/1 bath units and (6) studio apartments. Updated Interiors include LVP or tile flooring throughout, as well as updated kitchens & bathrooms. All units have mini-split heat pumps and are individually metered for electricity, allowing tenant convenience and expense control. A strong rental demand in the area ensures immediate cash flow. Located just blocks from Roosevelt Row, Arts District, Chase Field, Footprint Center, local shops and dining, attribute to the strong appeal among tenants seeking an authentic Downtown Phoenix experience. Its proximity to major medical centers, including Banner, University Medical Center and St. Joseph's Hospital, makes it particularly attractive to traveling nurses and other healthcare professionals. Additionally, the property's location near Arizona State University's downtown campus appeals to visiting faculty, students, and business travelers. Commuting is a breeze with nearby public transportation and easy connections to I-10, I-17, SR51 and Loop 202.
Location
State AZ
County Maricopa
Community Brills Addition Amd
Zoning R5
Interior
Heating Heat Pump,Electric
Cooling Electric,Heat Pump
Flooring Ceramic Tile,Vinyl
Exterior
Parking Features Paved,Free,>1 Space Per Unit
Community Features No Pool
Roof Type Built-Up
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Garfield School
Middle Schools Garfield School
High Schools North High School
School District Phoenix Union High School District
Others
Acceptable Financing No Carry,Conventional,1031 Exchange
Listing Terms No Carry,Conventional,1031 Exchange