939 E Turney Avenue, Phoenix, AZ 85014

$1,334,000

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List Price
$1,334,000
Price Change
▼ $15,000 1771982199
Days on Market
549
Status
ACTIVE
MLS#
6810283
City
Phoenix
Subdivision
Carolyn Place
Year Built
1946

Property Description

Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

Additional Information

Elementary School
Longview Elementary School
High School
Central High School
Middle School
Longview Elementary School
Community Features
No Pool, Play Area, Barbecue
Construction
Block, Brick, Painted
Cooling
Central Air, Ceiling Fan(s)
Electric
APS, Individual Meter
Heating
Electric, Central
New Financing
Conventional, Cash
Parking Features
1 Space/Unit, Paved, On Street
Roofing
Composition
Sewer
Sewer-In & Connected
Subdivision
Carolyn Place
Taxes
$1,491
Tax Year
2024
Tenant Pays
None
Units
4
Water
City Franchise, Individual Meter
Zoning
R-3

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Calculator source: Real Geeks

Listing courtesy of AZREAPM.

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