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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.PROPERTY FEATURES
Water Source :
City Franchise, Individual Meter
Sewer Source :
Public Sewer
Electric :
APS, Individual Meter
Community Features :
Other, Barbecue, Shuffle Brd/Lawn Bwl, Golf/Putting Green, Play Area
Parking Features:
Other (See Remarks), Street Parking, Common
Cooling:
Central A/C, Individual, Ceiling Fan(s)
Heating :
Individual, Central, Natural Gas
Construction Materials:
Painted, Block
Flooring :
Other, Ceramic Tile, Concrete
PROPERTY DETAILS
Street Address: 1538 W OSBORN Road
City: Phoenix
State: Arizona
Postal Code: 85015
County: Maricopa
MLS Number: 6756497
Year Built: 1953
Courtesy of My Home Group Real Estate
City: Phoenix
State: Arizona
Postal Code: 85015
County: Maricopa
MLS Number: 6756497
Year Built: 1953
Courtesy of My Home Group Real Estate
Courtesy of Premier Haven Management Solutions, LLC