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6201 W Indianola Avenue, Phoenix, AZ 85033

$485,000
  • 6201 W Indianola Avenue, Phoenix, AZ 85033 Main Photo

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Active
BEDS8 BATHS SQUARE FEET2,459 MLS#6944044
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMARYVALE TERRACE 4 AMD SCHOOLPhoenix Union High School District

Property Description

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.

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.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Heating: Electric
Home Style: Ranch
Lot Size: 0.18 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,211
Year Built: 1958

Feature Descriptions

Assoc. Fee Includes: No Fees
Days on Site: 165
Exterior: Block, Painted
Exterior: Storage
Flooring: Concrete
Interior: Breakfast Bar, Non-laminate Counter, High Speed Internet
Laundry: Washer Hookup, Inside
Property Sub Type: Single Family Residence
Water: Public

Local Schools

High School: Maryvale High School
Middle School: Estrella Middle School
Elementary School: Sunset School
School District: Phoenix Union High School District

Listed By / Shown By

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

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Estimated Payment

$ 1,321.77 per month $1,079.40 Principal & Interest $100.92 Property Tax $141.46 Homeowner's Insurance

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