836 E Maryland Avenue, Phoenix, AZ 85014

$1,249,000
5
BD
3
BA

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Sold Price
$1,249,000
List Price
$1,249,000
Closing Date
Apr 04, 2024
Days on Market
21
Status
CLOSED
MLS#
6663329
City
Phoenix
Bedrooms
5
Bathrooms
3
Subdivision
Bonnie Brae
Year Built
1953

Property Description

Excellent INVESTMENT OPPORTUNITY in the very desirable Uptown Phoenix area. Two of the three units are operating as successful AirBnB's brining in strong monthly income. All furnishings, appliances, and housewares are included in the sale. This is truly turnkey business opportunity. Across the street from Madison Academy, close to popular restaurants, and easy access to freeways. Three units have been completely remodeled and the garage has city approvals to convert into a fourth unit (see documents tab for City of Phoenix approval letter). Seller is seeking to have the buyer finish the fourth unit. New roof and stackable washer and dryers in each unit. The lot area is over 22,700 square feet, which will allow for additional units the be added.

Additional Information

Community Features
No Pool
Construction
Block, Wood Frame, Painted
Cooling
Varies by Unit
Electric
APS, Individual Meter
Exterior Features
Sidewalk(s)
Heating
Heat Pump
New Financing
Conventional, No Carry
Parking Features
Paved, >1 Space Per Unit
Roofing
Composition
Subdivision
Bonnie Brae
Taxes
$2,441
Tax Year
2023
Tenant Pays
Water, Electricity, Gas
Units
3
Water
Master Meter, Irrigation
Zoning
R-4

Courtesy of Long Realty Uptown. 602-935-1383 Selling Office: HomeSmart.

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