MARYVALE TERRACE 4 AMD
Property • Residential
Web ID # 6944044
$500,000.00
8 Beds • 3 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
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. 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.
South on 61st Ave, Right onto Indianola, home is on the left
Dwelling Type: Residential
Subdivision: MARYVALE TERRACE 4 AMD
Year Built: 1958, County: N/A
South on 61st Ave, Right onto Indianola, home is on the left
Listing is courtesy of My Home Group Real Estate
