Unlock Your House-Hacking Potential in the Heart of Tempe! This expansive 5-bedroom, 2-bathroom home offers a rare combination of space, style, and income-generating possibilities, perfect for investors or savvy homebuyers. Live in one room and Airbnb the rest, rent out individual rooms, or make it your full-time residence while letting the property pay for itself. Projected to generate an impressive annual revenue of $69,007, this home boasts a 10.4% Cap Rate, 13.7% Gross Yield, and a 15.4% Cash-on-Cash Return. Thoughtfully updated, the home features a bright, airy kitchen with sage-colored cabinets and skylights, alongside energy-efficient double-pane windows and durable block walls for added insulation. With prime proximity to Tempe's top amenities and solid Airbnb performance in the area, this property is poised for consistent returns. Don't miss this unique opportunity to own a spacious, stylish home with significant investment upside! Maximize rental space with 5 rooms or swap one room for an oversized primary suite. ! Properties that offer this perfect blend of aesthetic appeal and an unbeatable environment near ASU, Mill Ave, and the 10, 60 ,202 freeways are truly one-of-a-kind don't miss the chance to make it yours
Listed by:
Coldwell Banker Realty
Date | Days Ago | Event | New Price |
---|---|---|---|
Nov 14, 2024 | 9 days ago | Price decreased5,001 (1%) | $499,999 |
Nov 8, 2024 | 15 days ago | Price decreased10,000 (2%) | $505,000 |
Oct 9, 2024 | 1 mo ago | Price decreased8,999 (2%) | $515,000 |
Sep 6, 2024 | 3 mos ago | Price decreased1,000 (0%) | $523,999 |
Aug 30, 2024 | 3 mos ago | New on market | $524,999 |