Viewing Listing MLS# 7054423
Phoenix, AZ 85033
- 8Beds
- 3.00Total Baths
- 2,459SqFt
- 1958Year Built
- 0.18Acres
- 68 yearsEst Age
- MLS# 7054423
- Residential
- Single Family Residence
- Active
- Approx Time on Market7 days
- AreaN/A
- CountyMaricopa
- Subdivision Maryvale Terrace 4 Amd
Overview
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.
Agriculture / Farm
Association Fees / Info
Hoa Includes: No Fees
Hoa: No
Bathroom Info
Total Baths: 3
Building Info
Construction Materials: Painted, Block
Builders Name: Unknown
Roof: Composition
Exterior Features
Style: Ranch
Patio and Porch: Covered Patio(s), Patio
Exterior Features: Storage
Fencing: Block
Garage / Parking
Interior Features
Flooring: Concrete
Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal
Interior Features: Non-laminate Counter, High Speed Internet, Breakfast Bar
Laundry Features: Inside, Wshr/Dry HookUp Only
Lot Info
Lot Size Units: Square Feet
Lot Features: North/South Exposure, Dirt Front, Dirt Back
Lot Sqft: 7732
Misc
Spa Features: None
Possession: Close Of Escrow
Other
Special Listing Conditions: N/A
Other School Info
Property Info
Possible Use: None
Room Info
Sqft Info
Living Area Source: Assessor
Sqft: 2459
Tax Info
Tax Legal Description: LOT 5128 MARYVALE TERRACE 4 AMD MCR 007814
Tax Amount Annual: 1245
Unit Info
Utilities / Hvac
Water Source: City Water
Cooling: Yes
Cool System: Central Air, Ceiling Fan(s)
Heating: Electric
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Directions
South on 61st Ave, Right onto Indianola, home is on the left
Listings courtesy of My Home Group Real Estate
MLS# 6971891