939 E TURNEY Avenue Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85014
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Carolyn Place
MLS Listing ID 6810283
Maintenance Fees $13,013
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1946
Annual Tax Amount $1,491
Tax Year 2024
Lot Dimensions 12,929
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
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 Ceiling Fan(s),Central A/C
Flooring Concrete
Appliance F/S Oven/Range,Microwave,W/D Hookup
Exterior
Parking Features Paved Parking,Add'l Parking Avail,1 Space/Unit,Street Parking
Community Features Barbecue,Play Area,No Pool
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Sewer-In & Connected,Public Sewer
Water City Franchise,Individual Meter
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
Listing Terms Conventional