805 N 4th Avenue (unit 100), Phoenix

$2,195,000

0 Bed
0 Bath
0 Acre
0 Garage

Rare portfolio package of 5 turn-key high-rise residential condos, currently operating as a short-term rentals. Package-offering includes 3 condo's and 2 penthouses in The Embassy high-rise, 805 N 4th Ave, PH2, PH4, 504, 302, and 204 for a combined price of $2,195,000. Considering the unit rental history(s), if professionally managed as short-term rental homes, the expected yearly gross rental income is $325,000. Monthly HOA fee includes all utilities, including electricity, gas, internet, water/sewer, community amenities, security, and parking. The building is a residential structure; however, allows short-term rentals, Airbnb's, and VBRO's. Prime location, in the desirable, vibrant downtown Phoenix neighborhood of Roosevelt Row! All 5 units come furnished. Turn-key investment. Close to everything: First Friday, restaurants, bars, museums, galleries, music venues, parks, sporting events, concerts, movies, two metro stations, and more! Building amenities include On-site security, 24-hour access to the community fitness center, lounge & billiard room, signature sky-deck community pool overlooking downtown Phoenix.

Essential Information
MLS® #6285936
Price$2,195,000
Year Built1964
TypeMulti-Family
StatusActive
Sub-Type

5 - 12 Units, Other (See Remarks)

Community Information
Address805 N 4th Avenue (unit 100)
SubdivisionEMBASSY CONDOMINIUMS
CityPhoenix
CountyMaricopa
StateAZ
Zip Code85003
Amenities
Parking Spaces5
Amenities

See Remarks, Pool(s), Heated Pool(s), Clubhouse, Exercise Room, Game/Rec Room, Other (See Remarks), Barbecue Area(s)

Parking

Carport, Other (See Remarks), Paved Parking, >1 Space Per Unit, Auto Door Opener, Add'l Parking Avail, Assigned

Interior Features

Furnished, Fire/Smoke Alarm(s), Other (See Remarks), Wet Bar(s), Security Alarm(s), Drapes, Vertical Blinds, Water Softener(s)

Appliances

Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer, BI Oven/Range, W/D Hookup, Other (See Remarks)

Heating

See Remarks, Other (See Remarks)

Cooling

ENERGY STAR Qualified Equipment, See Remarks, Ceiling Fan(s), Other (See Remarks), Individual

Exterior
Lot Descriptionmisc.
RoofFoam, Other (See Remarks)
Exterior Features

Landscape Wtr System, Partially Fenced, Cable TV Available, Patio/Balcony, Security Guard, Security Light(s), Other (See Remarks)

Construction

Ducts Professionally Air-Sealed, Other (See Remarks)

District

001 - Phoenix Elementary District

Additional Information
Zoningresidential
Listing Details
OfficeMy Home Group Real Estate
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Listing information last updated on October 19th, 2021 at 7:48pm MST.