Courtesy of Citiea
Property Description
Serious cash flow potential! This Multi-Family zoned corner lot in Central Phoenix has been reconfigured to potentially offer up to nine rentable bedrooms, including several studio-style units and private rooms with shared or en-suite bathrooms. Two full kitchens serve the main layout, with most units featuring private entrances, closets, and flexible use options—ideal for long-term or short-term rental strategies. A fully detached 1-bedroom, 1-bathroom guest house with an open layout adds even more rental potential or can serve as an on-site manager unit. Detached 2-car garage and powered shed provide storage or conversion options. Recent improvements include a new roof (2023) and multiple functional upgrades throughout. With strong rental demand in the area and no HOA.Won’t last! This is a rare opportunity to build passive income quickly. Buyer to verify zoning, permits, and current use. Shown by appointment only.
Open House
Property Details and Features
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Bathrooms
- 6 total decimal bathrooms
- 6 total bathrooms
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Bedrooms
- 6 total bedrooms
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Building
- Built in 2003
- Living area: 2700
- Construction materials: “Wood Frame”, “Painted”
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Cooling
- “Central Air”
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Fence
- “Block”
- “Wood”
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Fireplaces
- “None”
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Floors
- “Tile”
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Garage
- 2 spaces
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Heating
- “Electric”
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Home Owner’s Association
- Association fee includes: “No Fees”
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Interior Features
- “Eat-in Kitchen”
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Listing
- Listing ID: 6878926
- Standard status: Active
- 5 days on market
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Location
- Subdivision name: TERRY LYNN ESTATES
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Lot
- 0.17 acres
- 7,599 sqft
- “Corner Lot”
- “Gravel/Stone Front”
- “Gravel/Stone Back”
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Parking
- “RV Gate”
- “Detached”
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Pool
- “None”
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Possession
- “Close Of Escrow”
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Roof
- “Composition”
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Schools
- Elementary school: Mountain View Elementary School
- High school: Thunderbird High School
- High school district: Glendale Union High School District
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $945
- Lot: 5
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This content last updated on June 16, 2025 5:06PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.