136 N 11TH Avenue, Phoenix, AZ 85007

$599,000

Property Type: Multiple Dwellings Status: Pending

Current Price: $599,000 Last Modified: 2/03/2025

Description

Massive price drop, seller wants sold. Versatile property offering a main home and two studio units. Primary home is a charming three bedroom two bath. Two attached studio units located in the back. Main house is month to month lease allowing a perfect owner occupant and investing opportunity. Live in the primary home and allow the two studio units to offset your mortgage by $1,918 per month! Primary unit is currently M2M at $1650. Flexible R-8 Zoning allows for six attached units to be constructed. This block has a great mix of new developments and historic homes. Property is located in the Woodland historic district, a vibrant and evolving area that is walking distance to Historic Grand Avenue, downtown campuses, and all the best dining and nightlife Phoenix offers!

More Information MLS# 6775565

Contract Info

Current Price: $599,000 List Price: $599,000 Status: Pending List Date: 2024-10-24 Ownership: Fee Simple

Location Tax Legal

House Number: 136 Compass: N Street Name: 11TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85007 Zip4: 2747 Country: USA County Code: Maricopa Subdivision: Walker Subdivision Assessor Number: 112-03-038 Tax Year: 2024

General Property Description

Lot Size Dimensions: 6000 Year Built: 1948 Total # of Units: 3 # of Buildings: 1 Zoning: M-H Flood Zone: No Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Capitol Elementary School Jr. High School: Capitol Elementary School High School: Metro Tech High School

Remarks Misc

Cross Street: Van Buren St & 7th Ave Directions: West on Van Buren, left on 10th Ave, quick right on Woodland Ave, left on 11th Ave, property is on the right. Geo Lat: 33.450512 Geo Lon: -112.087361

Status Change Info

Status Change Date: 2025-02-02 Off Market Date: 2025-02-02 Under Contract Date: 2025-01-31

Legal Info

Township: 1N Range: 3E Section: 7 Lot Number: 17

Income Expenses

Gross Annual Sch Inc: 42816 Net Operating Income: 30338

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 959 Avg SqFt: 350 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 1650 Avg SqFt: 1040 # Baths: 2

Property Features

Project Type: Tri-Plex Construction: Block; Frame - Wood Const - Finish: Painted; Stucco Roofing: Comp Shingle Floors: Wood; Ceramic Tile; Carpet Sale Includes: Land & Building Community Amenities: No Pool Exterior Amenities: Desert Landscaping Interior Amenities: Unfurnished Appliances Included: BI Oven/Range; Dishwasher; Microwave; W/D Hookup Heating: Natural Gas Cooling: Electric; Central A/C Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking: Street Parking Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric; Gas; Cable TV Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Ln Type: Fixed New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Compass

Last Updated: February - 03 - 2025

136 N 11TH Avenue, Phoenix, AZ 85007 (MLS# 6775565)