939 E Turney AvenuePhoenix, AZ 85014

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! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1946

Lot dimensions

12,929

Parking spaces

6

Zoning

R-3

Days on market

635

Listing #

6810283

Property Features

Interior

Breakfast Bar

Appliances

Free-Standing Range · Refrigerator · Disposal · Microwave · Washer/Dryer

Cooling

Central Air · Ceiling Fan(s)

Heating

Electric · Central

Flooring

Concrete

Parking

Paved · On Street

Construction

Block · Brick

Roof

Composition

Utilities

Sewer Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Longview Elementary School

Middle

Longview Elementary School

High

Central High School

Financial Details

Annual taxes

$1,491Tax year 2024

Parcel number

155-14-015

Directions

From E Indian School Rd Turn Right onto N 12th St, Turn Left onto E Turney Ave, Property is on the left.