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31467810
31467848

4037 S 12th St, Phoenix, AZ 85040

RD
BR662326000
De Luca Real Estate Group | FSR Realty
Listed by De Luca Real Estate Group | FSR Realty
$675,000
62 days on market
Updated 61 days ago
Opportunity zone

Building 12

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,040
Units 2
Cap Rate 9.92%
NOI $66,936
Occupancy 100%
Price per SqFt $331
Broker Co-Op Yes
Class B
Year Built 2025
Buildings 1
Stories 2
Zoning R-3
Parking Spaces 2 per unit
Investment Type Stabilized

Optimized duplex with High Quality Finishes, Fully Occupied!

Marketing description

This is building 12, a fully functioning PadSplit, Coliving property. You get a multifamily duplex property that is a few months old! Each of the two units has 4 bedrooms & 2 bathrooms. Units are furnished and rented. Each unit is setup as a streamlined coliving property. Units have stainless steel appliances, quartz countertops in the kitchen & baths, & full size washer & dryer in the unit. This is a turnkey property that is established and operating with property manager is place.

Listing Contacts

RD
BR662326000
De Luca Real Estate Group | FSR Realty
Listed by De Luca Real Estate Group | FSR Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$66,936.00
$5,578.00/mo

Valuation Metrics

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DSCR
9.92%
Cap Rate
9.92%
ROI

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