Off-Market Property at 6433 W Fairmount Ave, Phoenix, AZ 85033

6433 W Fairmount Ave, Phoenix, AZ 85033

$350,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $208 per day and long-term for an average of $1,428 per month, based on similar listings in the area. Estimated short-term cap rate of 6.3%. Estimated long-term cap rate of -2.0%. CHECK OUT THIS HUGE 11,722 sq ft LOT!! ....NO HOA....Fully fenced-in and ready for cars, business storage, or your dream backyard! Includes a long patio.... This UPDATED/REMODELED home has 3 bedrooms, 1 bath and includes a bonus room with a indoor laundry nook.... NO CARPET, tile floors, gray/white tones, GAS STOVE and water heater. Ceiling fans and faux blinds throughout, and the list goes on!.... Fully fenced lot, enclosed parking for 4 cars. North/south exposure. Located on a cul-de-sac - no major traffic.... Located near the I-10 freeway, schools and shopping centers. Make sure to check out this gem! If you need exterior space, then this is the one for you!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1611
Bedrooms
3
Bathrooms
1
SQFT
1,140
Furnished
N/A
Year built
1960
Listing Status
Off Market
MLS
6816254

Short-term Rental Potential
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$45,972

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$307

Price/SQFT

Long-term Rental Potential
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$17,136

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,428/mo

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