ATTENTION INVESTORS! Turnkey, income-producing opportunity in the gated Pines at South Mountain community. Currently leased through May 2027 at $3,100/month, this 3-bedroom, 2-bath home offers an established tenant and immediate rental income without the need to lease or stabilize the property. The approximately 2,100 SF home features an open-concept floor plan, split-bedroom layout, spacious primary suite, and thoughtful updates including fresh paint, updated flooring, quartz countertops, refreshed appliances, and a stylish backsplash. The low-maintenance backyard with extended patio adds to the property's rental appeal. Sellers have completed many of the repairs identified in the most recent home inspection, providing additional value for the next owner. Vivint security system and keyless entry will transfer to the buyer. The seller is also including a one-year home warranty. Residents of Pines at South Mountain enjoy gated access, a community pool, children's play area, and jogging paths, with South Mountain trails, shopping, dining, major freeways, and Phoenix Sky Harbor Airport conveniently nearby. A compelling opportunity to acquire a well-maintained, updated rental with an established tenant and lease in place through May 2027.
Based on the average sale price from the Tempe, AZ office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
2224 E Fawn Drive Phoenix, AZ is a Single Family Home for sale at $555000 with 2103 sqft and a lot size of 0.16 Acres Acre(s). 2224 E Fawn Drive Phoenix has 3 bedrooms, 2 baths and was built in 2000. The property's zip code is 85042 which is in Phoenix, AZ
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.