1538 W Osborn Road, Phoenix, AZ 85015
- $2,750,000
- List Price
- $2,750,000
- Price Change
- ▼ $350,000 1751335456
- Days on Market
- 342
- Status
- ACTIVE
- MLS#
- 6756497
- City
- Phoenix
- Subdivision
- Encanto Westwood
- Year Built
- 1953
Property Description
Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area. Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix's most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown's vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.
Additional Information
- School District
- Phoenix Union High School District
- Community Features
- Golf, Other, Barbecue, Shuffle Brd/Lawn Bwl, Play Area
- Construction
- Painted, Block
- Cooling
- Central Air, Ceiling Fan(s), Individual
- Electric
- APS, Individual Meter
- Flooring
- Other, Ceramic Tile, Concrete
- Heating
- Individual, Central, Natural Gas
- New Financing
- Conventional, 1031 Exchange, FHA, VA Loan
- Parking Features
- Other, On Street, Carport
- Roofing
- Composition
- Sewer
- Public Sewer
- Subdivision
- Encanto Westwood
- Taxes
- $1,391
- Tax Year
- 2023
- Units
- 8
- Water
- Individual Meter, City Franchise
- Zoning
- [M-H] MULTI-FAM
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Listing courtesy of My Home Group Real Estate.
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