1538 W Osborn Road, Phoenix, AZ 85015
- $3,295,000
- List Price
- $3,295,000
- Status
- ACTIVE
- Days on Market
- 27
- MLS#
- 6756497
- City
- Phoenix
- Year Built
- 1953
Property Description
Luxury Investment Property in Prime Phoenix Location! Fully renovated boutique multifamily featuring 8 uniquely designed luxury units, each with high-end finishes and themes like ''Old Hollywood'' and ''Presidential Suite.'' Situated minutes from Downtown Phoenix, Biltmore, and Sky Harbor Airport, this turnkey property offers top-tier amenities: fiber optic internet, a landscaped courtyard with 6-hole putting green, waterfall surrounded by a beautiful garden, custom gas fire place, and custom pergola with gas grill. Professionally designed interiors and private backyards. Ideal for short-term rentals or corporate retreats. High ROI (2023- net was over $330K) in Phoenix's booming market. In the process of combing 1534 W Osborn parcel with 1538 parcel to form one address.
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Additional Information
- Taxes
- $1,391
- Net Operating Income
- $334,627
- Cap Rate
- 10.16
- Units
- 8
- Flooring
- Other, Ceramic Tile, Concrete
- Parking Features
- Other (See Remarks), Street Parking, Common
- Construction
- Painted, Block
- Roofing
- Composition
- Cooling
- Central A/C, Individual, Ceiling Fan(s)
- Heating
- Individual, Central, Natural Gas
- Zoning
- [M-H] MULTI-FAM
- Subdivision
- Encanto Westwood
- Community Features
- Other, Barbecue, Shuffle Brd/Lawn Bwl, Golf/Putting Green, Play Area
- Electric
- APS, Individual Meter
- Water
- City Franchise, Individual Meter
- Sewer
- Public Sewer
- Tenant Pays
- None
- New Financing
- Conventional, 1031 Exchange, FHA, VA Loan
- School District
- Phoenix Union High School District
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Listing courtesy of My Home Group Real Estate.
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