The Condo Mania Team
Phoenix Condo ManiaMLS: 6870872 $198,000 1 Beds /1 Baths
MLS #: 6870872 Status: ACTIVE WITH CONTINGENCY List Price: $198,000 Price SQFT: $317 City: PHOENIX
Beds: 1 Baths: 1 SqFt: 625 Year: 1963 Zip: 85033
Listing Remarks
Excellent investment opportunity with a 6.5% cap rate and steady income stream. This charming end-unit, single-level patio home presents an outstanding opportunity for investors or first-time buyers seeking immediate cash flow and long-term appreciation. Currently leased at $1,150/month on a 12-month contract with a flexible tenant willing to extend or vacate depending on the buyer's preference making it ideal for both income seeking investors and owner occupants. Situated in a well-maintained community, this unit features: Gated private patio with additional storage Contemporary cabinetry and tile flooring throughout Central A/C and heating, ceiling fans, and screen door for year-round comfort Two private parking spaces Abundant storage space Prime Investment Opportunity! Turnkey Patio Home with Stable Rental Income. This charming end unit, single level patio home presents an outstanding opportunity for investors or first time buyers seeking immediate cash flow and long term appreciation. Currently leased at $1,150/month on a 12-month contract with a flexible tenant willing to extend or vacate depending on the buyer's preference making it ideal for both income seeking investors and owner occupants. Situated in a well maintained community, this unit features: Gated private patio with additional storage Contemporary cabinetry and tile flooring throughout Central A/C and heating, ceiling fans, and screen door for year-round comfort Two private parking spaces Abundant storage space Convenient location close to shopping, restaurants, grocery stores, banks, and more. This low-maintenance property offers consistent rental potential and minimal vacancy risk due to its desirable layout and unbeatable location. Whether you're expanding your portfolio or purchasing your first investment, this home delivers reliable returns in a strong rental market.
Address: 7109 W WOLF STREET PHOENIX AZ 85033
ARMLS ZHOBIN JAWANMARDI of COMPASS
Listing Photos
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Last Updated: 2025-06-18 01:01:47