- $3.3M Price
1538 W Osborn Road
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.
Essential Information
- MLS® #6756497
- Price$3,295,000
- Bathrooms0.00
- Acres0.00
- Year Built1953
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1538 W Osborn Road
- SubdivisionEncanto Westwood
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85015
Amenities
- Parking Spaces10
Amenities
Other, Barbecue, Shuffle Brd/Lawn Bwl, Golf/Putting Green, Play Area
Parking
Other (See Remarks), Street Parking, Common
Interior
Appliances
F/S Oven/Range, Microwave, Washer/Dryer
Heating
Individual, Central, Natural Gas
Cooling
Central A/C, Individual, Ceiling Fan(s)
Exterior
- RoofComposition
- ConstructionPainted, Block
Additional Information
- Zoning[M-H] MULTI-FAM
Listing Details
- OfficeMy Home Group Real Estate
My Home Group Real Estate.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on December 25th, 2024 at 7:00pm MST.