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About This Home
This 8-bedroom, 3-bathroom single family at 6201 W INDIANOLA Avenue in Phoenix, AZ is listed for $485,000 ($197 per sqft). Built in 1958, the home offers 2,459 sqft of living space on a 0.18 acres lot.
Welcome to an exceptional opportunity for group home, sober living, and assisted living home operators! This fully-furnished 8 bedroom/3 bathroom residence is tailor-made for your next turnkey investment venture. Recently renovated, this property boasts thoughtful enhancements, including an expanded dining area featuring an additional refrigerator and cabinets, designed specifically to cater to increased bedroom capacity.
Brand new 5 ton HVAC and ductwork installed 2023 which means proper and efficient airflow for every single bedroom. Currently, the individually leased bedrooms are commanding a total rental income of approximately $6000, yielding an impressive 10% cap rate.
Detailed income and expense breakdowns are available upon inquiry through our dedicated listing agent. Convenience is key here, with parking space for up to 4 vehicles in the driveway and 4 exterior access points, creating an ideal setup for multiple tenants while ensuring ease of accessibility.
Seize this opportunity to step into a thriving investment with a property that not only offers immediate returns but also holds vast potential for further growth and revenue. Don't miss outreach out to our listing agent today for comprehensive details and to explore the boundless potential of this income-generating gem.
Key Features
- Built in 1958
- 0.18 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,594/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6201 W INDIANOLA Avenue
Phoenix, AZ 85033
MARYVALE TERRACE 4 AMD
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 3-bathroom single family at 6201 W INDIANOLA Avenue is listed at $485,000 ($197/sqft). The estimated monthly payment is $2,102 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.18 acre lot. Interior Features: Non-laminate Counter, High Speed Internet, Breakfast Bar. Exterior Features: Storage.
This property is listed by Belinda W Li and can be reached at 6023917534 or realtybybelinda@gmail.com.






































