Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, and cash flow potential. Each unit has been tastefully updated with modern finishes, new flooring, and contemporary kitchens and baths. All units can include appliances, furnishings, and… Read More assigned parking,ready for immediate operation. Currently run as a successful short term operation, this property is also perfectly positioned for midterm rentals catering to travel nurses, medical professionals, and corporate clients. Located within minutes of Banner University Medical Center, St. Joseph's Hospital, Phoenix Children's Hospital, and the VA Medical Center, this area experiences consistent demand for fully furnished stays ranging from 30 to 90 days. Highlights: -11 fully remodeled units - all separately metered for gas & electric -Can be sold fully furnished with appliances included -Dedicated parking -Walking distance to major hospitals and transit routes -Excellent opportunity for Airbnb, midterm, or long-term leasing strategies -Proven income performance in one of Phoenix's strongest rental corridors This is a plug-and-play investment in a thriving, high-demand location, ideal for the investor looking to scale in one of the Valley's most stable and profitable rental markets. Read Less
Courtesy of eXp Realty 480-420-4455
Listing Snapshot
Days Online
57
Last Updated
Property Type
Multiple Dwellings
Year Built
1961
MLS Number
6937078
Additional Details
Appliances & Equipment
"Free-Standing Range", "Refrigerator", "Free-Standing Gas Oven", "Microwave", "Washer/Dryer"
Building
Built in 1961, Construction materials: "Painted", "Stucco", "Block", 11 total units
Cooling
"Ceiling Fan(s)", "Electric", "Individual", "2 or More Units"
Expenses
Electric: $11,400, Fuel: $3,696, Insurance: $7,500, Water sewer: $7,320
Heating
"Central", "Heat Pump"
Parking
"Paved", "Assigned", "1 Space/Unit", "On Street", 12 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"See Remarks", "Sewer-In & Connected", "Public Sewer"
Taxes
Annual amount: $3,617, Lot: 15
Utilities
"APS", "Individual Meter"
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