6201 W INDIANOLA Avenue Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85033
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,459 sqft
Price per Sqft $202
Subdivision Maryvale Terrace 4 Amd
MLS Listing ID 6944044
Style Ranch
Bedrooms 8
HOA Y/N No
Year Built 1958
Annual Tax Amount $1,211
Tax Year 2024
Lot Size 7,732 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
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.
Location
State AZ
County Maricopa
Community Maryvale Terrace 4 Amd
Area Maricopa
Direction South on 61st Ave, Right onto Indianola, home is on the left
Rooms
Other Rooms Great Room, Family Room
Den/Bedroom Plus 8
Separate Den/Office N
Interior
Interior Features High Speed Internet,Breakfast Bar
Heating Electric
Cooling Central Air,Ceiling Fan(s)
Flooring Concrete
Fireplace No
SPA None
Laundry Wshr/Dry HookUp Only
Exterior
Exterior Feature Storage
Fence Block
Utilities Available SRP
Roof Type Composition
Porch Covered Patio(s),Patio
Private Pool No
Building
Lot Description Dirt Front,Dirt Back
Story 1
Builder Name Unknown
Sewer Public Sewer
Water City Water
Architectural Style Ranch
Structure Type Storage
New Construction No
Schools
Elementary Schools Sunset School
Middle Schools Estrella Middle School
High Schools Maryvale High School
School District Phoenix Union High School District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 103-35-048
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA
Horse Property N
Disclosures Agency Discl Req,Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash,Conventional,FHA