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2224 E Fawn Drive, Phoenix
$555,000
3 Beds ⋅ 2 Baths ⋅ 7083213 MLS ⋅ 2,103 SqFt. ⋅ 85042 Zip Code
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.

2224 E Fawn Drive, Phoenix

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