Active
1538 W OSBORN Road
Phoenix AZ, 85015
$3,295,000
Active
Other
Built in 1953
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.
6756497
MLSⓇ ID
September 13, 2024
Listed
December 3, 2024
Updated
Map
1538 W OSBORN Road
Phoenix AZ, 85015
Interior Features
Floor Description
Other, Ceramic Tile, Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C, Individual, Ceiling Fan(s)
Heating
Yes
Heating Description
Individual, Central, Natural Gas
Exterior/Building Features
Roof
Composition
Sewer
Public Sewer
Other Property Details
Taxes
$1,391
Tax Frequency
Annually
Days on Market
82
Garage
No
Parking
Other (See Remarks), Street Parking, Common
Parking Total
10
View
No
County
Maricopa
Water Source
City Franchise, Individual Meter
Pool
No
Zoning
[M-H] MULTI-FAM
Courtesy of My Home Group Real Estate
Listing Contact: 602-652-2749
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Santistevan Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Arizona Regional Multiple Listing Service. All rights reserved.
Data Last Updated: 11:44 PM UTC, 12/3/2024.