Residential Income Property at Pointe South Mountain in Phoenix, Arizona

$430,498

8805 South 51st Street, Phoenix, AZ 85044

For Sale

Residential SFR Rental

Active

Last Updated: 07/29/2025

Details:

Cap Rate: 7%

NOI: $23,600

Building Size: 1,435 sqft

Lot Area: 2,004 sqft

Occupancy: 100%

Units: 1

Year Built: 1993

Price Per Sqft: $300

Price Per Unit: $430,498

Zoning: Residential

Floors: 2

Opportunity Zone: No

Seller Financing: No

Parking Spots: 2

Roof: Tile

Floor: Tile

Beds: 2

Baths: 3

Monthly Rent: 2,495

HOA: Yes

HOA Fees: 370

Pool: Yes

Lease Expire Year: 04/08/26

Offered by

Richard Bazinet

MBA/Realtor

West USA Commercial

Request Info to Unlock

Highlights:

Ready to go
No renovations required

Description:

Pristine & immaculate 2 bed, 3 bath, 1 car garage townhome is move-in ready & located in desirable Pointe South Mountain, right on the golf course! Property boasts an abundance of privacy w/ private gated yard. The townhome is nicely painted & features new flooring, high ceilings, & large windows with stunning views & fireplace for added comfort & ambiance. The master bedroom suite is spacious & offers a private balcony. Additionally, bonus area that can be utilized as an office. All newer appliances are included, water, sewer & garbage services are also included in the rent. Residents will have access to community amenities such as a heated pool, walking & biking paths, an open park, & a golf course. Property is currently leased to 4/08/26.