About The Property

Comprehensively RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2024 average occupancy rate 93%, Airbnb rating 4.85 out of 5! UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it's own Landry with washer and dryer. The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants—perfect for maximizing occupancy rates and income potential! HIGH DEMAND LOCATION ensures a CONSISTENTRead MoreRead Less
Courtesy of eXp Realty 888-897-7821
Listing Snapshot
Days Online
451
Last Updated
Property Type
Multiple Dwellings
Year Built
1928
MLS Number
6755668
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Appliances & Equipment
"Free-Standing Range", "Dishwasher", "Refrigerator", "Microwave", "Washer/Dryer"
Building
Built in 1928, Construction materials: "Wood Frame", "Stucco", 4 total units
Cooling
"Electric"
Expenses
Electric: $2,829, Fuel: $593, Insurance: $1,500, Maintenance: $24,014, Water sewer: $1,000
Floors
"Ceramic Tile"
Heating
"Electric"
Parking
"On Street", 4 total parkings
Property
Zoning: R-5
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,093, Lot: 9
Utilities
"APS"
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30 Days Snapshot Of 85006
$467k
-9%
(avg) sold price
8
-46%
homes sold
126
+21%
(avg) days on market
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Monthly Payment
$0

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