$1,350,000

939 E TURNEY Avenue, Phoenix, AZ 85014

Multi-Family Home
Built in 1946
—— sqft lot
—— car garage
$——/sqft
Listed 10 months ago

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!

Listing Status:: Active
Date Added:: January 24, 2025 at 06:00AM
Listing Office:: AZREAPM : 602-712-9500
Listing Agent:: John Fagundes : 602-320-0406
MLS ID:: 6810283

Flooring: Concrete
A/C: Central AirCeiling Fan(s)
Heating: CentralElectric

Parking: PavedAdd'l Parking Avail1 Space/UnitOn StreetParking spaces: 6

Roofing: Composition
General: PaintedBlockBrick

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Osborn Elementary District
County: Maricopa

Zoning: R-315514015

Water: Individual MeterCity Franchise
Sewer: Sewer-In & ConnectedPublic Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of John Fagundes, AZREAPM

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Central High School

4525 N Central Ave, Phoenix, AZ, 85012

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.