110 N 9TH Avenue, 1-7, Phoenix, AZ 85007

$1,700,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,700,000 Last Modified: 7/01/2025

Description

Great investment property on a well established gated community with a 20,500 sf CORNER lot - all units are stand alone cottages/homes and tenants have NO shared walls! Many upgrades have been completed to include the following: professionally maintained sparkling community pool was rebuilt in 2018, all cottages have solar panels to reduce electric bills and common area solar to mitigate electric bill for owner. New roofs as of 2018 and all attic spaces have been re-insulated in 2023. On-site community laundry is provded as a tenant benefit and an opportunity for the owner to gain additional income. Close to all that Downtown Phoenix has to offer - shops, corporations, Chase Field and Footprint Center!

More Information MLS# 6790948

Contract Info

Current Price: $1,700,000 List Price: $1,700,000 Status: Active List Date: 2024-12-04 Ownership: Fee Simple

Location Tax Legal

House Number: 110 Compass: N Street Name: 9TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85007 Zip4: 2728 County Code: Maricopa Subdivision: NEAHRS ADDITION Assessor Number: 112-04-069 Tax Year: 2024

General Property Description

Lot Size Dimensions: 150x140 Year Built: 1930 Uncvrd Parking Spcs: 7 Total # of Units: 7 # of Buildings: 7 Zoning: CG Commerical Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Kenilworth Elementary School High School: Central High School

Remarks Misc

Cross Street: 9th Ave & Adams Directions: From I-10 - South on 7th Avenue - West on Adams - Property is on NW Corner of Adams and 9th Avenue Geo Lat: 33.449573 Geo Lon: -112.085169

Legal Info

Township: 1N Range: 3E Section: 7 Lot Number: 8

Income Expenses

Gross Annual Sch Inc: 106287 Net Operating Income: 65471

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 6 Avg Rent: 1071 Avg SqFt: 690 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 1800 Avg SqFt: 1630 # Baths: 2

Property Features

Project Type: 5 - 12 Units Other Type: House + Rental Units Construction: Brick Const - Finish: Other (See Remarks) Roofing: Composition Floors: Wood; Ceramic Tile Sale Includes: Land & Building; Personal Property; Pool Equipment; Laundry Equipment Payment Includes: Principal; Interest Community Features: Pool; See Remarks Exterior Amenities: Green Landscaping; Fenced; Cable TV Available; Security Light(s) Interior Amenities: Unfurnished; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Microwave Heating: Natural Gas; Individual; Central Cooling: Ceiling Fan(s); Individual; Central Air Water Source: City Franchise; Individual Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: SW Gas; Individual Meter Parking Features: On Street; Add'l Parking Avail; Free Owner Pays: Landscaping; Pool Maintenance Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Assume - No Qualify; Assume - Qualify; Balloon/Call Prvisn; Interest Only Existing 2nd Loan: Other (See Remarks) Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Conventional Environmental: None
Listing Office: Keller Williams Arizona Realty
Last Updated: July - 01 - 2025
110 N 9TH Avenue, 1-7, Phoenix, AZ 85007- MLS# 6790948
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