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6201 W INDIANOLA Avenue, Phoenix, AZ 85033

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For Sale

$499,000

8 beds3 baths2,459 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $202.93
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 out reach out to our listing agent today for comprehensive details and to explore the boundless potential of this income-generating gem.
MLS# 6944044

Courtesy Of My Home Group

(480) 685-2760

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Architecture Style
    Ranch
  • Exterior Type
    Block
  • Floor Covering
    Concrete
  • Lot Size
    0.18 Acres

Home seller CENTURY 21 Arizona Foothills

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Arizona Foothills

(623) 322-3311
Learn More About Us

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Monthly Payment Breakdown

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  • Hazard Insurance
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