Phoenix, AZ 85042
PINES AT SOUTH MOUNTAIN REPLAT
$555,000
Listing courtesy ofRETSY — McKenna Nestell · 602-842-0000
ATTENTION INVESTORS! Turnkey, income-producing opportunity in the gated Pines at South Mountain community. Currently leased through May 2027 at $3,100/month, this 3-bedroom, 2-bath home offers an established tenant and immediate rental income without the need to lease or stabilize the property. The approximately 2,100 SF home features an open-concept floor plan, split-bedroom layout, spacious primary suite, and thoughtful updates including fresh paint, updated flooring, quartz countertops, refreshed appliances, and a stylish backsplash. The low-maintenance backyard with extended patio adds to the property's rental appeal. Sellers have completed many of the repairs identified in the most recent home inspection, providing additional value for the next owner. Vivint security system and keyless entry will transfer to the buyer. The seller is also including a one-year home warranty. Residents of Pines at South Mountain enjoy gated access, a community pool, children's play area, and jogging paths, with South Mountain trails, shopping, dining, major freeways, and Phoenix Sky Harbor Airport conveniently nearby. A compelling opportunity to acquire a well-maintained, updated rental with an established tenant and lease in place through May 2027.
1 story · Built 2000
Non-laminate Counter · Quartz Countertops · High Speed Internet · Double Vanity · 9+ Flat Ceilings · No Interior Steps · Pantry · 3/4 Bath Master Bdrm · Tile flooring · Dual Pane
Dryer · Washer · Refrigerator · Built-in Microwave · Dishwasher · Disposal · Electric Range
None · Fireplace · Family Room · Gas
Mountain(s) view
2 garage spaces · Garage Door Opener · Direct Access
Pines at South Mtn HOA
Stucco · Wood Frame · Painted · Block fencing · North/South Exposure · Desert Back · Desert Front · Synthetic Grass Back · Auto Timer H2O Front · Auto Timer H2O Back
Natural Gas heating · Central Air cooling · Ceiling Fan(s) cooling
Carry cost at today’s rate, including taxes, insurance, and HOA.
$3,573
Estimate only · Insurance modeled at 0.35% of value annually · Verify all costs with your lender.