939 E Turney Avenue, Phoenix, AZ 85014

$1,334,000
5
BD
4
BA

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List Price
$1,334,000
Status
ACTIVE
Days on Market
613
Price Change
▼ $15,000 1771982199
MLS#
6810283
Subtype
Multiple Dwellings
Year Built
1946
Bedrooms
5
Bathrooms
4
Subdivision
Carolyn Place

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

Taxes
$1,491
Zoning
R-3
Appliances
Free-Standing Range, Refrigerator, Disposal, Microwave, Washer/Dryer
Heating
Electric, Central
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Block, Brick, Painted
Parking Features
1 Space/Unit, Paved, On Street
Elementary School
Longview Elementary School
Middle School
Longview Elementary School
High School
Central High School

Courtesy of AZREAPM. 602-712-9500

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