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… Read More 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. Don't miss outreach out to our listing agent today for comprehensive details and to explore the boundless potential of this income-generating gem. Read Less
Courtesy of My Home Group Real Estate Belinda W Li 480-685-2760
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
8
Full Baths
3
Square Ft.
2,459
Lot Size
0.18 Acres
Year Built
1958
MLS Number
6944044
30 Days Snapshot Of 85033
$314k
+3%
(avg) sold price
18
-10%
homes sold
56
-46%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1958, Architectural style: "Ranch", Living area: 2459, Construction materials: "Painted", "Block"
Cooling
"Central Air", "Ceiling Fan(s)"
Exterior Features
"Storage"
Fence
"Block"
Floors
"Concrete"
Heating
"Electric"
Home Owner's Association
Association fee includes: "No Fees"
Interior Features
"High Speed Internet", "Breakfast Bar"
Laundry
"Wshr/Dry HookUp Only"
Lot
0.18 acres, 7,732 sqft, "Dirt Front", "Dirt Back"
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,211, Lot: 5128
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