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Description
For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2023 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!! Possible to enter with 5% DOWN! Meticulously RENOVATED 4-UNIT + shed Rental in Central Phoenix! Comes with over $5,000 in Bookings. Nestled in one of Phoenix’s most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children’s Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.
Property Details and Features
Bathrooms
- 5 total decimal bathrooms
- 5 total bathrooms
Bedrooms
- 5 total bedrooms
Building
- Built in 1950
- Architectural style: “Other (See Remarks)”
- Living area: 2462.7
- Construction materials: “Painted”, “Siding”, “Frame – Wood”
- Other structures: “Guest House”
Cooling
- “Refrigeration”
- “Wall/Window Unit(s)”
- “Ceiling Fan(s)”
Exterior Features
- “Covered Patio(s)”
- “Patio”
- “Storage”
- “Built-in Barbecue”
Fence
- “Block”
- “Chain Link”
Fireplaces
- “1 Fireplace”
Floors
- “Carpet”
- “Laminate”
- “Tile”
Garage
- 2 spaces
Heating
- “Mini Split”
- “Electric”
Home Owner’s Association
- Association fee includes: “No Fees”
Interior Features
- “Eat-in Kitchen”
- “Breakfast Bar”
- “No Interior Steps”
- “Kitchen Island”
- “Pantry”
- “Full Bth Master Bdrm”
- “High Speed Internet”
Listing
- Listing ID: 6746455
- Standard status: Active
- 145 days on market
Location
- Subdivision name: GARDENDALE ADD.
Lot
- 0.19 acres
- 8,215 sqft
- “Natural Desert Back”
- “Gravel/Stone Front”
Parking
- “Tandem”
Pool
- “None”
Possession
- “Close Of Escrow”
Roof
- “Composition”
Schools
- Elementary school: Larry C Kennedy School
- High school: Camelback High School
- High school district: Phoenix Union High School District
Sewer
- “Public Sewer”
Taxes
- Annual amount: $3,364
- Lot: 12
Windows
- “Dual Pane”
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This content last updated on February 7, 2025 6:07AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.