Active

1538 W OSBORN Road

Phoenix AZ, 85015

$3,295,000


Active

Other

Built in 1953

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.

6756497

MLS ID

September 13, 2024

Listed

December 3, 2024

Updated

Map

1538 W OSBORN Road
Phoenix AZ, 85015

Interior Features

Floor Description

Other, Ceramic Tile, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

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


Heating

Yes


Heating Description

Individual, Central, Natural Gas

Exterior/Building Features

Roof

Composition


Sewer

Public Sewer

Other Property Details

Taxes

$1,391


Tax Frequency

Annually


Days on Market

82


Garage

No


Parking

Other (See Remarks), Street Parking, Common


Parking Total

10


View

No


County

Maricopa


Water Source

City Franchise, Individual Meter


Pool

No


Zoning

[M-H] MULTI-FAM

Courtesy of My Home Group Real Estate

Listing Contact: 602-652-2749 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor David Newcombe shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Arizona Regional Multiple Listing Service. All rights reserved.

Data Last Updated: 11:44 PM UTC, 12/3/2024.

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