Phoenix, AZ 85033
MARYVALE TERRACE 4 AMD
$470,000
$191 / sf
Listing courtesy ofMy Home Group Real Estate — Belinda W Li · 480-685-2760
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.
Ranch · 1 story · Built 1958
Non-laminate Counter · High Speed Internet · Breakfast Bar · Concrete flooring · Inside laundry · Wshr/Dry HookUp Only laundry
Refrigerator · Built-in Microwave · Dishwasher · Disposal
Storage · None
Painted · Block · Block fencing · North/South Exposure · Dirt Front · Dirt Back
Electric heating · Central Air cooling · Ceiling Fan(s) cooling
Carry cost at today's rate, including taxes, insurance, and HOA.
$2,742
Estimate only · Insurance modeled at 0.35% of value annually · Verify all costs with your lender.