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+14806036802
My Home Group
508 N 9th Avenue, Phoenix, AZ 85007
- $1,000,000
- 4
- BD
- 4
- BA
- List Price
- $1,000,000
- Price Change
- ▼ $100,000 1794294701
- Days on Market
- 41
- Status
- ACTIVE
- MLS#
- 7087221
- City
- Phoenix
- Bedrooms
- 4
- Bathrooms
- 4
- Subdivision
- University Addition
- Year Built
- 1953
Property Description
This rare portfolio of four red-brick historic townhomes delivers a solid 5%+ in place cap rate. Located just off Grand Avenue in the Triangle neighborhood and within walking distance of downtown, the property combines stable returns with meaningful upside from a newly approved development directly across the street. The unique property features top notch aesthetics, both interior and exterior. The rare brick exterior sits amongst lush landscaping and provides private yards for all units. Inside, each unit has bright eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks, along with full side-by-side laundry rooms.
Additional Information
- Community Features
- Other
- Construction
- Brick, See Remarks, Brick Veneer
- Cooling
- Central Air
- Electric
- APS
- Flooring
- Other
- Heating
- Central
- New Financing
- Conventional, 1031 Exchange, Cash
- Parking Features
- Other
- Roofing
- Composition
- Sewer
- Public Sewer
- Subdivision
- University Addition
- Taxes
- $1,263
- Tax Year
- 2026
- Tenant Pays
- Water, Electricity, Gas
- Units
- 4
- Water
- City Franchise
- Zoning
- RES
Courtesy of LISTED SIMPLY. 800-995-5879
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