Phoenix, AZ 85015,1538 W OSBORN Road
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Phoenix, AZ 85015,1538 W OSBORN Road
Phoenix, AZ 85015,1538 W OSBORN Road
Phoenix, AZ 85015,1538 W OSBORN Road
Phoenix, AZ 85015,1538 W OSBORN Road
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$ 3,295,000
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1538 W OSBORN Road Phoenix, AZ 85015


UPDATED:

12/03/2024 08:09 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Encanto Westwood

MLS Listing ID 6756497

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1953

Annual Tax Amount $1,391

Tax Year 2023

Lot Dimensions 16848

Property Description

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.

Location

State AZ

County Maricopa

Community Encanto Westwood

Zoning [M-H] MULTI-FAM

Interior

Heating Individual, Central, Natural Gas

Cooling Central A/C, Individual, Ceiling Fan(s)

Flooring Other, Ceramic Tile, Concrete

Appliance F/S Oven/Range, Microwave, Washer/Dryer

Exterior

Parking Features Other (See Remarks), Street Parking, Common

Community Features Other, Barbecue, Shuffle Brd/Lawn Bwl, Golf/Putting Green, Play Area

Roof Type Composition

Total Parking Spaces 10

Building

Sewer Public Sewer

Water City Franchise, Individual Meter

New Construction No

Others

Senior Community No

Tax ID 110-15-091

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by My Home Group Real Estate

Lindsay Merrell

+1(443) 987-0058

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1538 W OSBORN Road