2609 East FAIRMOUNT Avenue Phoenix, AZ 85016

$750,000
5
Beds
5
Baths
0.17
Acres
967
SQFT
776
$/SQFT
$750,000
5
Beds
5
Baths
967   sf
$776 / sf
Favorite

active
1/30
Street View

UNIQUE INVESTMENT OPPORTUNITY in the BILTMORE/ARCADIA AREA! Charming 2 beds/2 baths MAIN HOUSE + 1 bed/1 bath GUEST HOUSE + TWO MODULAR 1 bed/1 bath homes, offering a total of FOUR separate living spaces on one property!2026 average occupancy rate 65%, Airbnb rating 4.53 out of 5! Comes with confirmed future bookings totaling over $3,000 through Dec 1, 2026!!! The property generated $108,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average annual revenue of approximately $105,820.Gross revenue data and occupancy reports can be provided upon request. Main house is 967 sq ft, Casita is 400 sq ft, each modular home (2 in total) is 395 sq ft. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. The backyard is a common space for all guests with a Grill, Fire pit, Outdoor furniture and Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. All furniture & decor are included into sale!Conveniently located near the Biltmore and Arcadia areas, with easy access to Phoenix Children's Hospital, shopping, dining, entertainment, major freeways. A rare opportunity for investors looking for a property with multiple living spaces!

UNIQUE INVESTMENT OPPORTUNITY in the BILTMORE/ARCADIA AREA! Charming 2 beds/2 baths MAIN HOUSE + 1 bed/1 bath GUEST HOUSE + TWO MODULAR 1 bed/1 bath homes, offering a total of FOUR separate living spaces on one property!2026 average occupancy rate 65%, Airbnb rating 4.53 out of 5! Comes with confirmed future bookings totaling over $3,000 through Dec 1, 2026!!! The property generated $108,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average annual revenue of approximately $105,820.Gross revenue data and occupancy reports can be provided upon request. Main house is 967 sq ft, Casita is 400 sq ft, each modular home (2 in total) is 395 sq ft. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. The backyard is a common space for all guests with a Grill, Fire pit, Outdoor furniture and Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. All furniture & decor are included into sale!Conveniently located near the Biltmore and Arcadia areas, with easy access to Phoenix Children's Hospital, shopping, dining, entertainment, major freeways. A rare opportunity for investors looking for a property with multiple living spaces!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Maricopa
  • Area
    Phoenix
  • Tax Amount
    $2,607
  • Status
    Active
  • Listing #
    7101473
  • Built
    1947
  • Lot Size
    0.17
  • Listed on site
    5 days
  • Listing Agent Id
    ny020

Listed by:
My Home Group Real Estate

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Community Features

  • No HOA

Property Features

  • Gas Utilities

Exterior features

  • No Pool

Style

  • Ranch / One Story
  • Two Story
  • One Story
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