15456 W Morning Glory Street, Goodyear, AZ 85338

Local realty services provided by:CENTURY 21 Arizona West
15456 W Morning Glory Street,Goodyear, AZ 85338
$825,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: linda s gerchick
Office: gerchick real estate
MLS#:6967518
Source:ARMLS

Price summary

  • Price:$825,000

About this home

Income-Producing Single-Family Investment | Long-Term Assisted Care Tenant This income-producing single-family residence offers investors a rare opportunity to acquire a stabilized asset leased to an established assisted care operator. A **new five-year lease** has just been executed, providing immediate income stability along with **annual rent increases** throughout the primary lease term. The lease begins at **$5,600 per month** and and increases each year, reaching $6,000 per month by the fifth year. The lease also includes two additional five-year renewal options, offering long-term income continuity and reduced turnover risk. The tenant is responsible for all operating costs associated with the property, including utilities, maintenance, landscaping, and repairs. Own True 7.5% Cap Rate | Long-Term Lease Stability This well-positioned single-family residence offers investors a rare opportunity to acquire a stabilized, income-producing property leased to an established

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Home facts

  • Year built:2005
  • Listing ID #:6967518
  • Updated:January 13, 2026 at 05:43 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump
  • Heating:Heat Pump, Individual Heating

Structure and exterior

  • Year built:2005

Utilities

  • Water:City Franchise, Master Meter

Finances and disclosures

  • Price:$825,000
  • Tax amount:$1,924
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.