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1001 N 9TH Street, Phoenix, AZ, 85006

3beds
3baths
2,416sqft
$1,290,000
$534price/sqft
$7,650/moest. monthly cost
$306,000/yrincome needed

About This Home

Seller Financing available!! 6.55 Cap Rate!!! Located in the heart of central Phoenix, an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities. Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, close to Highway, dining, entertainment, public transit. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators

Getting Around

82
WalkingVery Walkable
54
TransitGood Transit
80
BikeVery Bikeable

Schools

6/10
Garfield SchoolGrades PK-80.5 mi
2/10
North High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Built-Up
  • Construction materials: Wood Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Range,Refrigerator,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Ceramic Tile,Vinyl

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Electric,Heat Pump

Interior Area

  • Total structure area: 2,416
  • Total interior livable area: 2,416 sqft

Property

Details

  • Parcel number: 11631114
  • Zoning: residental

Features

  • Exterior features: Sidewalk(s)

Lot

  • Lot size: 6,850 sqft
  • Lot size dimensions: 6850

Parking

  • Total spaces: 9
  • Parking features: >1 Space Per Unit
  • Has uncovered spaces: Yes
  • Uncovered spaces: 9