Description
Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area.
Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix’s most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown’s vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.
Address
Open on Google Maps- Address 1538 W OSBORN Road
- City Phoenix
- State/county AZ
- Zip/Postal Code 85015
- Country US
Details
Updated on December 3, 2024 at 8:09 pm- Property ID: 6756497
- Price: $3,295,000
- Garage Size: x x
- Year Built: 1953
- Property Type: Multiple Dwellings
- Property Status: Active
- MLS#: 6756497
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