Cash Flow Opportunity!! Investors come grab this 3-bedroom, 1.5-bathroom townhome in Phoenix. Fully remodeled in 2024, this home features a brand-new AC unit, updated electrical work, and fresh modern finishes throughout. With its clean updates and thoughtful improvements, this property is ready for its next chapter. Currently tenant-occupied with a lease at $1,850/month, this home offers a great opportunity for an investor seeking a turnkey rental with steady income. Seller financing and private money options available. Current lease ends 2/28/26. Section 8 on these units provides up to $2,500!!! This is like a 10cap+ with in place rents. HOA seems to be re-stabilizing. Get in now at a discount! Lender financing available.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms Possible: 3
Bathrooms
- Total Bathrooms: 1.5
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
Kitchen and Dining
- Built-In Microwave
- Dishwasher
- Gas Oven
- Gas Range
- Refrigerator
Heating and Cooling
- Cooling Features: Central Air, Ceiling Fan(s)
- Heating Features: Electric
- Heating: Yes
- Ceiling Fans: Yes
Exterior and Lot Features
Land Info
- Desert Front
- Land Lease: No
- Landscaping: Desert Front
- Lot Size Acres: 0.01
- Lot Size Source: Assessor
- Lot Size Square Feet: 571
Garage and Parking
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned
Homeowners Association
- Association: Yes
- Association Fee: 341
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds
- Calculated Total Monthly Association Fees: 341
- Association Name: Right Place on 43rd
- Association Phone: 6022656490
School Information
- Elementary School: Glenn L. Downs Social Sciences Academy
- Elementary School District: Cartwright Elementary District
- High School: Maryvale High School
- High School District: Phoenix Union High School District
- Middle School: Glenn L. Downs Social Sciences Academy
- School District: Phoenix Union High School District
Amenities and Community Features
- Community Features: Near Bus Stop, Playground
Other Property Info
- Annual Tax Amount: 464
- Source Listing Status: Active
- County: Maricopa
- Cross Street: 43rd Ave & Indian School
- Directions: From Indian School, South on 43rd Ave, West (right) on Fairmount to property.
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: EL SERENO
- Parcel Number: 107-22-137
- Postal City: Phoenix
- Postal Code Plus 4: 2932
- Public Survey Section: 28
- Subdivision: EL SERENO
- Township: 2N
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 1243
- Year Built: 1975
- Building Area Source: Assessor
- Construction Materials: Stucco, Wood Frame, Painted
- Levels: 2
- Living Area Source: Assessor
- Property Age: 50
- Property Attached: Yes
- Roof: Built-Up
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Sewer: Public Sewer
- Water Source: City Water
