16051611 W Osborn Road Phoenix, AZ 85015

Welcome to Six on Osborn. Excellent investment opportunity located in the highly sought after historic district of North Encanto! This sale includes two buildings. 1605 and 1611 W Osborn. Both are separately parceled. APN#'s 110-27-023 and 110-27-023. $1,450,000.00 portfolio must buy both buildings and can qualify for commercial or two separate conventional loans at $725,000 each. Well maintained, and have been updated over the last few years. All large 2 bed units one bath units! All rents are currently below market at $1,000-$1,100. Current leases are about to expire. Market rents are $1450-$1550. Great location for an Air B&B/VRBO. Three newer AC units, new tankless water heaters for both buildings. Upgraded cabinets, counters, flooring and paint in units. New Electrical, plumbing, and new sewer line and clean-outs. New cool decking, freshly painted, beautiful desert landscape, and artificial turf for low maintenance management. Coin operating laundry for extra income. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.