The story
Turnkey Central Phoenix investment with two separate residences and established rental income! This beautifully remodeled property features a fully updated 3-bedroom, 2-bath main home plus a newly constructed 2-bedroom, 1-bath casita, creating two independent income-producing dwellings on one lot. Both residences are currently tenant occupied with one-year leases in place, offering an investor immediate rental income and greater income stability from day one (total rent received is $4130/month). The main home has been extensively updated with a modern kitchen, renovated bathrooms, new roof, HVAC, and contemporary finishes throughout. The newly constructed casita offers spacious bedrooms, a full bath, and an open living area, providing a desirable second rental opportunity. With two established tenants, two separate rental units, and new leases in place, this property offers an attractive combination of current cash flow and long-term investment potential. Conveniently located in Central Phoenix with easy access to Downtown Phoenix, Sky Harbor International Airport, major hospitals, dining, shopping, and major freeways. An excellent opportunity to acquire a turnkey, income-producing property with two separate residences and immediate rental income already in place.
