🐘Beautiful AirBnB Opportunity in 85013!🏡

1249 West Palo Verde Drive, Phoenix, AZ 85013
$1,165,000
3906 sq ft
For Sale

Facts and Features

Type
Single Family
Parking
Assigned
Year build
1952
Lot size
0.31 acres
Bedrooms
4
Sq. Footage
3906
Bathrooms
4

Summary

1249 W Palo Verde Dr. Phoenix AZ 85013

4bed | 4bath | 3,906sqft | .31acres | 1952 Year Built

Main House 3bed | 3bath, Casita 1bed | 1bath

Asking Price: $1,165,000

ARV: $1,600,000

Spread: $435,000

Link to Pictures: https://tinyurl.com/9ncptbkh


Property could easily be rehabbed back to 3 units as it was originally. All the materials to add the kitchen to the 3rd unit are available. AirBnB is registered with the City of Phoenix. Currently the master bedroom was extended into the 2nd unit. Pictures show the property as it was with 3 units.


AirDNA - Income Opportunity is $97,452 annually at 62% occupancy with a $430 daily rate.


**Casita is currently booked Feb 23rd to March 23rd for $3785 after fees.**


Comps:

5726 N 2nd Ave, Phoenix, AZ 85013

Sold 12/20 - $1,595,000


115 W Rose Ln, Phoenix, AZ 85013

Sold 7/21 - $1,530,000


5625 N 7th Ave, Phoenix, AZ 85013

Sold 6/21 - $1,399,000


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Estimated Spread

$1,600,000
ARV
-$1,165,000
Price
$435,000
Spread

Street View

Location and Comparables

Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price
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