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138 N 10TH AVE PHOENIX, AZ 85007
- Townhouse or Condo / Resale (MLS)
Property Details for 138 N 10TH AVE, PHOENIX, AZ 85007
Features
- Total Units: 2
- Stories: 1
- Roof Type: Composition Shingle
- Heating: Wall Unit Heating
- Construction Type: Tilt-up (pre-cast concrete)
- Exterior Walls: Concrete Block
Facts
- Year Built: 01/01/1911
- Property ID: 889231904
- MLS Number: 6800415
- Parcel Number: 112-04-043
- Property Type: Townhouse or Condo
- County: Maricopa
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. STEADY CASH FLOW!! Cap Rate: 7.67%. Duplex located in the Woodland Historical District close to the Capital. There is 1 building, 2 one bedroom 1 bathroom units. They are approx 620 sq ft each. Both Tenants are month to month. Tenants desire to stay, rents can be raised. A lot of renovations and planning are going on in this up-and-coming area! Some of the Duplex improvements include a newer water heater, newer windows, newer plumbing, newer exterior paint and property sits on two lots. Property is zoned R5. Property has paved back alley access and parking. Plenty of accessible space in the back to build additional units * Fireplace is not finished never used. Property is sold as is. Such a fantastic vibrant location in downtown Phoenix. Come live on one side and rent out the other. With the R5 zoning add more units in back for additional rentable units, cash flow, and property value. Walking distance to downtown financial center, business district, major entertainment/sport venues, central city light rail system, parks, restaurants and fine dining. nnThis is Downtown Phoenix, so so much going on down here!!nn** R-5 mixed-use, multifamily zoning either residential or office or both.nGOOD INFO: n2 1bedroom 1bath units both 620sqfn*Both Tenants pay $1300.00 for rent, on a month to month. nUtilities are included in their rents (water,trash,sewer, and APS electric)nI pay just under $100 a month for water, trash, and sewer $1200 yearly.nI pay approximately on an average about $300 a month $3300 yearly.nSELLER IMPROVMENTS:n- Outside paint is about a year and half oldn- building has had new plumbing put in with what they call pec piping.n- water heater is about a year and half oldn- property sits on two lotsn- property is zoned R5n- property has paved back alley access and parkingn- plenty of accessible space in back to build additional units and parkingn- property is located in the Woodland Historical District and is also situated next to the Capital
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Property Brokerage:
DeLex Realty, LLC
17224 N 43rd Ave Suite 107
Glendale
AZ
85308
Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.