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3616 N 12TH STREET, PHOENIX, AZ 85014

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3616 N 12TH Street
Phoenix, AZ 85014

$2,750,000

Baths: 0
Number of Units: 4
Type: Multi-Unit Residential
Listing #6842077
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, 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. Seller is a licensed Realtor in the state of AZ and related to the agent.
Listing Courtesy of RMA-Mountain Properties
Property Features
Location Information
County: Maricopa
Cross Street: 12th St & Indian School
Community Features: No Pool
Latitude: 33.489869
Longitude: -112.056704
Township: 2N
Interior Features
Full Baths: 0
Has Fireplace: No
Heating: Natural Gas
Cooling: Electric
Floors: Vinyl
Tenant Pays: Cable TV, Electricity, Gas, Trash, Water
Total Number of Units: 4
Exterior Features
Construction: Stucco, Block
Roof: Rolled/Hot Mop
Water Source: City Franchise
Septic or Sewer: Sewer-In & Connected, Public Sewer
Covered Spaces: 2
Electric: APS, Individual Meter
Parking Description: Paved, Add'l Parking Avail
Has a Pool: No
Is a Horse Property: No
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0
Dimensions: 161.21x78.86
Zoning: [R-4];[R1-6]
Number of Buildings: 4
Road Description: Concrete
School
Elementary School: Longview Elementary School
Jr. High School: Osborn Middle School
High School: North High School
Additional Information
Income & Expenses: Owner Association: No, Operating Exp: $24115.88
4 Bedroom Units: # 1 Bedroom Units: 4, Avg Rent: $3500.0, Avg SqFt: 2200, # Baths: 4
Annual Expenses: Ins Exp: $3356.88, Landscape Exp: $2400.0
Property Type: RI
Year Built: 2021
Status: Active
Owner Pays: Landscaping
Lot Features: No Community Pool
Tax Year: 2024
Tax Amount: $18,359
New Financing: Other (See Remarks)52
Income & Expenses: Gross Annual Sch Inc: $179711.4, Adjusted Gross Inc: $179711.4, Net Operating Income: $170749.0


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Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The listing broker?s offer of compensation is made only to participants of the MLS where the listing is filed.
Indicates a property listed by a real estate brokerage other than iHomefinder, Inc.
ARMLS - Arizona data last updated at March 31, 2025, 1:59 AM MST
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