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8939 N 8th St, Phoenix, AZ 85020

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For Sale

$1,450,000

4,558 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $318.12
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Three, 1-story buildings comprised of 7 apartment units & 1 large storage room/office. The property currently consists of (4) 1bd/1ba + (3) 2bd/1ba apartment units. The office is plumbed and has 1 bathroom and could be made into a 1 bd apartment unit creating a value-add opportunity. The property has laundry facilities which generate additional income. There is a two-year Triple Net Lease (NNN) that includes insurance, property taxes and other estimated fees. This master lease will go into effect on May 15, 2024. Select units have been completely renovated with new flooring, cabinets, countertops and fresh paint. Nearby employers include Ping Golf, Maximus, OpenTec Alliance, APS, among others.
MLS# 11264226

Courtesy Of Joseph Bernard Investment Real Estate

(480) 305-5600

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Lot Size
    0.33 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 8939 N 8th St, Phoenix, AZ 85020

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CENTURY 21 Arizona Foothills

(480) 889-2151
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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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