AZ > Phoenix > Moli Gardens Ii
Phoenix, AZ 85014,4050 N 12TH Street
Phoenix, AZ 85014,4050 N 12TH Street
Phoenix, AZ 85014,4050 N 12TH Street
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Kodi Riddle

Kodi Riddle

+1(480) 624-8019
$4,500,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Moli Gardens Ii

MLS Listing ID 6815653

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

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Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Russ Lyon Sotheby's International Realty

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agent

Kodi Riddle

+1(480) 624-8019

Associate Broker / Owner | License ID: BR514965000

Associate Broker / Owner License ID: BR514965000

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4050 N 12TH Street