|
Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area. Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix's most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown's vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.
Last Updated | 9/12/2024 | Tract | Encanto Westwood |
---|---|---|---|
Year Built | 1953 | Community | Encanto Westwood |
County | Maricopa |
Additional Details
AIR | Ceiling Fan(s), Central Air |
---|---|
AIR CONDITIONING | Yes |
APPLIANCES | Microwave, Washer/Dryer |
CONSTRUCTION | Block |
HEAT | Central, Natural Gas |
LOT DIMENSIONS | 16848 |
PARKING | On Street, Common |
SEWER | Public Sewer |
SUBDIVISION | Encanto Westwood |
TAXES | 1391 |
ZONING | [M-H] MULTI-FAM |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Joe & Linda Szabo to contact you even if your name is on a Federal or State "Do not call List". |
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 12/18/24 8:16 AM PST.
This IDX solution is (c) Diverse Solutions 2024.