$4,200,000
$4,500,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
4050 N 12TH Street Phoenix, AZ 85014
Key Details
Sold Price $4,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Moli Gardens Ii
MLS Listing ID 6815653
Sold Date 04/25/25
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2022
Annual Tax Amount $18,606
Tax Year 2024
Lot Dimensions 73.53' x 151.6'
Property Description
EXTRAORDINARY INVESTMENT OPPORTUNITY - Entire townhome building for sale in Encanto Village, Midtown Phoenix's most vibrant neighborhood. 5 of the 7 units have tenants currently in place, so the savvy investor can start generating revenues immediately. No more than 10 minutes from major business services, restaurants, nightlife, professional sports venues, I-10, 51, 202, 5 major hospitals and 20 minutes from Phoenix Sky Harbor Airport. Completed in 2022, each 1779sf, 3 bedroom | 2 ½ bath ultra-modern townhome is on 2 floors and features private courtyards, hi-end finishes, 2 separate flex areas for work or play and state-of-the-art technologies. The Phoenix business and job market are booming, so the demand for high quality housing will continue to be strong.
Location
State AZ
County Maricopa
Community Moli Gardens Ii
Zoning C-2
Direction The townhomes are located at the southwest corner of Indian School and 12th Street.
Interior
Heating Individual, Electric
Cooling Central Air, Ceiling Fan(s), Electric, Individual
Flooring Carpet, Vinyl
Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features Paved, Add'l Parking Avail, Attached, >1 Space Per Unit
Community Features No Pool
Roof Type Built-Up
Total Parking Spaces 21
Garage Yes
Building
Sewer Public Sewer
Water Individual Meter
New Construction No
Schools
Elementary Schools Longview Elementary School
Middle Schools Osborn Middle School
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 118-03-067
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Non-MLS Office
GET MORE INFORMATION