Welcome to an exceptional opportunity for group home, sober living, and assisted living home operators! This fully-furnished 8 bedroom/3 bathroom residence is tailor-made for your next turnkey investment venture. Recently renovated, this property boasts thoughtful enhancements, including an expanded dining area featuring an additional refrigerator and cabinets, designed specifically to cater to increased bedroom capacity. Brand new 5 ton HVAC and ductwork installed 2023 which means proper and efficient airflow for every single bedroom. Currently, the individually leased bedrooms are commanding a total rental income of approximately $6000, yielding an impressive 10% cap rate. Detailed income and expense breakdowns are available upon inquiry through our dedicated listing agent.Convenience is key here, with parking space for up to 4 vehicles in the driveway and 4 exterior access points, creating an ideal setup for multiple tenants while ensuring ease of accessibility.Seize this opportunity to step into a thriving investment with a property that not only offers immediate returns but also holds vast potential for further growth and revenue. Dont miss outreach out to our listing agent today for comprehensive details and to explore the boundless potential of this income-generating gem.
Listed By
Agency Name: My Home Group Real Estate
Agency Phone: 480-685-2760
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 1,321.77 per month $1,079.40 Principal & Interest $100.92 Property Tax $141.46 Homeowner's Insurance
6201 W Indianola Avenue | MLS# 6944044
This single family home located at 6201 W Indianola Avenue, Phoenix, AZ 85033 is currently listed for sale with an asking price of $485,000. This property was built in 1958 and has 8 bedrooms with 2459 sq. ft. W Indianola Avenue is located in the MARYVALE TERRACE 4 AMD subdivision within the Phoenix Union High School District school district. Search MARYVALE TERRACE 4 AMD real estate on www.arizonabest.com today.