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$350,000
7039214 MLS
Discover an exceptional opportunity to own a generously sized lot in the heart of Casa Grande featuring two distinct homes plus a large workshop, perfectly positioned for flexible ownership and income strategies. Live in one home while renting the other, rent both for maximum cash flow currently generating $2,792 in gross monthly rent, or utilize the back house as guest quarters--the possibilities are truly endless. The main home features an appealing split-floor plan with two bedrooms, a spacious living area, and a large eat-in kitchen, while the charming back home offers one bedroom, a spacious living room, and an eat-in kitchen with freshly painted interiors. Both units are fully occupied with professional management in place, leases expiring 4/30/2027 and 6/30/2027. Each unit includes private fenced-in yards, washer dryers added in 2025, perfect for privacy and outdoor enjoyment, along with essential appliances including stove and refrigerator, washer-dryers, ensuring tenant satisfaction and minimal maintenance concerns. This property has been exceptionally well-maintained and includes TWO impressive WORKSHOP/STORAGE BUILDINGS offering tremendous versatility and ADDITIONAL INCOME potential. The generous size of the workshop structures presents an exciting VALUE-ADD opportunity--CONVERT one into an ADDITIONAL CASITA to expand rental income or create premium guest accommodations. The EXPANSIVE DOUBLE LOT (~20k sq ft) is a rare asset, providing ample room for creative landscaping, storage for toys and vehicles, and future development of additional ADUs or casitas to maximize your investment returns. Conveniently located to all Casa Grande amenities, this is a true turnkey investment combining built-in stability with huge upside potential for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Act fast--this exceptional property won't last long! Buyer to verify all information.

300 N Morrison Avenue, Casa Grande

$700,000
7038723 MLS
Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,550, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.

2223 E Roosevelt Street, Phoenix

$765,000
7037654 MLS
Opportunities like this are genuinely rare in central Phoenix. Situated on a nearly 8,000 square foot lot in the heart of the Encanto neighborhood, this property offers two fully separate homes, a 3-bedroom, 2-bath main house and a 4-bedroom, 2-bath guest house, each with its own living space, garden, kitchen, and entrance. Live in one and let the other help carry the mortgage. House extended family. Or lease both. The lot gives you options that most properties simply cannot. Current tenants are month to month and interested in signing year long leases. Both houses have private fenced yards with their own private grassy outdoor spaces. The front house carries the charm of its 1940 bones while delivering the comfort of a fully updated home, with granite counters, in-unit laundry, and a layout that lives larger than the square footage suggests. The back house 4 bed 2 bath is newly built in 2022 and ready for occupancy with master suite, granite counters, large bedrooms and an open floor family room and kitchen. Two homes. One address. An income stream built in from day one. The location makes both homes remarkably easy to rent and even easier to love. Downtown Phoenix is minutes away, putting Chase Field, Footprint Center, the arts district, and the city's best restaurants within a short drive or rideshare. Phoenix Children's Hospital is right around the corner, making this address a natural fit for traveling medical staff or a generational family home. There are so many options to make this property work for you!

1911 E Harvard Street, Phoenix

$325,000
7037076 MLS
Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns. The property consists of: Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room Rear Unit 1: 1 Bedroom / 1 Bathroom Rear Unit 2: 2 Bedroom / 1 Bathroom Rear Unit 3: Studio unit Each rear unit has its own private entrance, creating privacy and flexibility for tenants. The majority of the interior renovation work has already been completed. Additional planned upgrades include: Brand new electrical system installation New HVAC systems New ap New hot water heaters Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product. The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability. This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized. Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth. Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside. Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income.

1220 S 10th Avenue, Phoenix

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