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$959,000
6107 N 12TH Place
Phoenix, AZ 85014
MLS# 6419077
Status: UCB (Under Contract-Backups)



6107 N 12TH Place, Phoenix, AZ 85014
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6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014 6107 N 12TH Place, Phoenix, AZ 85014

Property Description
All units recently updated. Exterior painted 2022, roof replaced 2017, new carport roof 2019 & all windows replaced 2017. Unit #1 (1 bed/ 1 bath) AC/heating unit replaced 2017. New flooring installed throughout & kitchen remodeled 2018. Paint & drywall repairs 2022. Unit #2 (2 bed/1bath) New flooring installed throughout, new refrigerator & stove, interior paint & drywall repairs & updates to bathroom 2022. AC/heating unit replaced 2021. Unit #3 (2 bed/1 bath) Flooring replaced throughout 2019, A/C/heating replaced 2017, kitchen remodeled & new kitchen appliances 2016, & bathroom remodeled 2016. Common area laundry room added 2015. Units 3 is currently vacant with great income potential. Units 1 & 2 are occupied with month-to-month tenants

Details
Maps
Contract Info
Current Price: $959,000
List Price: $959,000
Status: UCB (Under Contract-Backups)
List Date: 2022-06-17
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: N34
House Number: 6107
Compass: N
Street Name: 12TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 6707
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 6 ROSE LANE MANOR MCR 007433
Subdivision: ROSE LANE MANOR
Assessor's Map #: 11
Assessor's Parcel #: 32
Add'l Parcels: No
Assessor Number: 161-11-032
Legal: LOT 6 ROSE LANE MANOR MCR 007433
Census Tract: 106502
Tax Municipality: Phoenix
Taxes: 2356
Tax Year: 2021
Marketing Name: Rose Lane Manor
General Property Description
Lot Size Dimensions: 127 x 85
Year Built: 1958
Total # of Units: 3
# of Buildings: 1
Zoning: R-3
Elementary School: Madison Rose Lane School
Jr. High School: Madison Meadows School
High School: North High School
Elem School Dist #: 038 - Madison Elementary District
High School Dist #: 210 - Phoenix Union High School District
Remarks & Misc
Cross Street: 12th St and Bethany Home
Geo Lat: 33.525976
Geo Lon: -112.054723
Status Change Info
Status Change Date: 2022-07-08
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Township: 2N
Range: 3E
Section: 9
Lot Number: 6
Income & Expenses
Annual Ins Exp: 911
Annual Landscape Exp: 1721
Annual Maint Exp: 670
Annual Wtr/Swr Exp: 2398
Owner Association: No
Operating Exp: 8056
Gross Annual Sch Inc: 58800
Adjusted Gross Inc: 58800
Totl Mnth Rntal Inc: 4900
Net Operating Income: 58800
Pmt & Rate Info
Cap Rate: 6.13
Equity: 959000
1 Bedroom Units
# 1 Bedroom Units: 1
Avg SqFt: 672
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 882
# Baths: 1
Contact Info
List Agent Home Phn: 623-640-4189
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile; Carpet; Other
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Green Landscaping; Patio/Balcony; Separate Storage
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump
Water: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking: Carport; 1 Space/Unit; Paved Parking
Roads/Streets: Concrete
Owner Pays: Water; Landscaping
Tenant Pays: Electric; Gas
Source of Fincl Data: Provided by Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
New Financing: VA; Conventional; 1031 Exchange; Other (See Remarks)
Reports/Disclosures: None
Environmental: None
Supplements
Excellent opportunity for investor or owner to live in one unit & rent out the other two units. Each unit has covered parking spot & storage unit. Excellent location with trendy restaurants, shops, schools & easy access to freeway. Prospective buyers to verify all facts, figures & features.