Listing Details:
Listing ID: 6756497
Updated: 2/14/2025 1:09pm
Status | Active/For Sale |
Days On Market | 163 |
Taxes | $1,391.00 |
HOA | $0.00/******** |
Type | N/A |
Open Parking | 2 |
Year Built | 1953 |
Lot Size | 0.00 |
County | Maricopa |
Listed By | My Home Group Real Estate |
Description:
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.
Property Location:
Listed By: My Home Group Real Estate | Arman Shields 602-652-2749
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.