Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!
MLS# | 6810283 |
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Listing Type | For Sale |
Sub-Type | For-sale |
Status | Active |
Year | 1946 |
Days On Site | 91 |
Listing Provided By | AZREAPM | John Fagundes |
Pool | Yes |
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Units | 4 |
Building(s) | 2 |
Zoning | R-3 |
State | AZ |
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County | Maricopa |
City | Phoenix |
Zip Code | 85014 |
Area | Maricopa |
Community Name | CAROLYN PLACE |
School District | Phoenix Union High School Distri |
Elementary School | Osborn Elementary District |
Middle School | Longview Elementary School |
High School | Phoenix Union High School Distri |
Listing VS Median (in CAROLYN PLACE) | |
Price: $1,350,000 low | high Med: $1,150 On site: 91 low | high Med: 46.000000 |