Viewing Listing MLS# 6810283
$1,334,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85014
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1946Year Built
- 0.00Acres
- 80 yearsEst Age
- MLS# 6810283
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market1 year, 6 months, 2 days
- AreaMaricopa
- CountyMaricopa
- Subdivision Carolyn Place
Overview
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! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!
Agriculture / Farm
Association Fees / Info
Community Features: Barbecue, Play Area, No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Painted, Block, Brick
Roof: Composition
Exterior Features
Financial
Owner Pays: Gas,Electricity,Trash Collection,Water,Sewer,Cable TV
Gross Income: 121606
Insurance Expense: 2300
Maintenance Expense: 13013
Garage / Parking
Parking Features: Paved, Add'l Parking Avail, 1 Space/Unit, On Street
Interior Features
Flooring: Concrete
Appliances: Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
Lot Info
Lot Size: 12,929
Number of Buildings: 2
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: R-3
Tax Info
Tax Legal Description: CAROLYN PL LOT 47 E 29' & W 27' OF LOT 48
Tax Amount Annual: 1491
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: Individual Meter, City Franchise
Electric: APS, Individual Meter
Cooling: Yes
Cool System: Central Air, Ceiling Fan(s)
Heating: Central, Electric
Heating: Yes
Sewer: Sewer-In & Connected, Public Sewer
Waterfront / Water
Schools
Elem: Longview Elementary School
Middle: Longview Elementary School
High: Central High School
Directions
From E Indian School Rd Turn Right onto N 12th St, Turn Left onto E Turney Ave, Property is on the left.
Listings courtesy of Azreapm
MLS# 7010684