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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$1,350,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Carolyn Place

MLS Listing ID 6810283

Maintenance Fees $13,013

Year Built 1946

Annual Tax Amount $1,491

Tax Year 2024

Lot Dimensions 12,929

Source Arizona Regional Multiple Listing Service (ARMLS)

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! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

Location

State AZ

County Maricopa

Community Carolyn Place

Area Maricopa

Zoning R-3

Direction From E Indian School Rd Turn Right onto N 12th St, Turn Left onto E Turney Ave, Property is on the left.

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Concrete

Appliance Free-Standing Range, Disposal, Refrigerator, Microwave, W/D Hookup

Exterior

Parking Features Paved, Add'l Parking Avail, 1 Space/Unit, On Street

Community Features Barbecue, Play Area, No Pool

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water Individual Meter, City Franchise

New Construction No

Schools

Elementary Schools Longview Elementary School

Middle Schools Longview Elementary School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 155-14-015

Acceptable Financing Conventional

Disclosures Seller Prop Disc Stm

Listing Terms Conventional

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Listed by AZREAPM

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

939 E TURNEY Avenue Phoenix, AZ 85014

John Herkenrath

Key Details

Location

Interior

Exterior

Building

Schools

Others

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939 E TURNEY Avenue