6201 W Indianola Ave

Phoenix, AZ 85033
  • $499,000

    Price
  • 8

    Bed
  • 3

    Bath
  • 2,459

    SqFt

About the Listing myhg01 - bb526

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

Listing Highlights

Status Active
Days on Site 30
Property Type Residential
MLS ® 6944044
Year Built 1958
Total Square Footage 2,459
Lot/Acreage 0.18
County Maricopa
Elementary School Sunset School
Middle School Estrella Middle School
High School Maryvale High School

Interior Details

  • Bedrooms: 8
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central Air,Ceiling Fan(s)
  • Heating: Electric
  • Fireplaces:
  • Floor: Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: High Speed Internet,Breakfast Bar
  • Water: City Water

Exterior Details

  • Lot Description: Dirt Front,Dirt Back
  • Garage Capacity: N/A
  • Roof: Composition
  • Others: Storage
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $1,211
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 103-35-048
  • Tax Year: 2024

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Questions About..

6201 W Indianola Ave Phoenix, AZ 85033

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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