Phoenix Homes with Owner May Carry New Financing

Phoenix Homes with Owner May Carry New Financing

Phoenix, the capital city of Arizona, is a vibrant and diverse metropolis located in Maricopa County. Known for its sunny weather, stunning desert landscapes, and thriving economy, Phoenix offers a fantastic living experience for residents and visitors alike.

With a population of over 1.7 million people, Phoenix is the fifth-largest city in the United States. It boasts a rich cultural scene, with numerous art galleries, museums, and theaters scattered throughout the city. The downtown area is a hub of activity, featuring trendy restaurants, bustling nightlife, and a variety of entertainment options.

One unique feature of Phoenix's real estate market is the availability of homes with owner financing. This means that instead of obtaining a traditional mortgage from a bank, buyers have the option to work directly with the homeowner to secure financing. This can be a great opportunity for individuals who may not qualify for traditional loans or prefer a more flexible payment structure.

Homes with owner financing, also known as "Owner May Carry" or "OMC" properties, allow buyers to negotiate terms directly with the seller. This can include a lower down payment, more lenient credit requirements, and potentially quicker closing times. It's important to note that while owner financing can be advantageous, it's essential to thoroughly review the terms and conditions to ensure they align with your financial goals.

Whether you're interested in exploring the vibrant city life or taking advantage of unique real estate opportunities, Phoenix has something for everyone. From its stunning landscapes to its diverse housing options, this city is a fantastic place to call home.

Newest Phoenix Homes with Owner May Carry New Financing

3 Beds ⋅ 2 Baths ⋅ 6756987 MLS ⋅ 1,055 SqFt.

Expand Your Portfolio with a Turnkey Rental Investment This 3-bedroom, 1.75-bath home is the perfect addition for investors seeking reliable passive income. With long-term tenants in place, paying $1,800/month, this low-maintenance property requires minimal effort while generating consistent returns. Situated on a spacious 7,760 sq. ft. lot, the home offers future equity growth potential in a family-friendly neighborhood. Conveniently located near major highways for easy access to North Phoenix's key business hubs, this property is ideal for maintaining steady rental demand. An excellent opportunity to expand your portfolio without the hassle of finding new tenants. SELLER FINANCING PREFERRED for 5 to 7 years at below-market interest rate, adding even more appeal to savvy investors.

2129 E Marconi Avenue, Phoenix

1 Beds ⋅ 1 Baths ⋅ 6756922 MLS ⋅ 655 SqFt.

Welcome to this fully remodeled luxury 1-bedroom, 1-bath ground level condo with a private patio in the prestigious gated community of Biltmore Promenade Condos. This beautifully updated unit boasts a stackable washer/dryer for your convenience. Enjoy the resort-style amenities of the community, including a sparkling pool, relaxing spa, and a putting green for those leisurely afternoons. This prime location is just minutes away from Sky Harbor International Airport, making travel a breeze. Additionally, downtown Phoenix is within easy reach, offering a wide selection of restaurants and shopping opportunities, all conveniently close to your new home. Don't miss this opportunity to live in style and comfort in the heart of the Biltmore area.

2625 E Indian School Road Unit 120, Phoenix

3 Beds ⋅ 1 Baths ⋅ 6756267 MLS ⋅ 9,448 SqFt.

Great Housing Opportunity! This 3-Bedroom has an Arizona that can easily be converted Bedroom. Well kept, and clean, Covered Patio and Carport, Great Community with 2 Community Pools, Rece Center, Party Hall, Exercise Room, Library, etc..

5201 W Camelback Road W Unit a253, Phoenix

4 Beds ⋅ 2 Baths ⋅ 6755764 MLS ⋅ 1,762 SqFt.

Imagine waking up in a home where every wall tells a story, where your mortgage isn't owned by some faceless corporation but by a person who might just invite you over for tea. This isn't just a home; it's a lifestyle choice, a statement, or maybe just a really good deal in a market gone mad.' So, if you're looking for a blend of nostalgia, a dash of adventure, and a sprinkle of financial creativity, this could be your ticket to homeownership. Just remember, with great deals come great responsibilities. But hey, who said the path to the American Dream was paved with anything but character and charm? Seller financing. No bank? No problem! Embrace charm, live a story. Ready for your next adventure?

3226 W Maryland Avenue, Phoenix

1 Beds ⋅ 2 Baths ⋅ 6755528 MLS ⋅ 2,679 SqFt.

***OWNER WILL CARRY*** ATTENTION INVESTORS FOR RENTAL PROPERTY OR DEVELOPERS TO REHAB THE SUBJECT INTO A 4BR/2BA BEAUTIFUL SINGLE FAMILY HOME OR TRANSFORM INTO A MULTIPLE FAMILY RENTAL UNIT. Unique residential property located on the corner of 19th Avenue and Ocotillo Road. A short distance from the light rail and nearby offices, restaurants and specialty shops. The property is currently leased to a religious organization and is used as a meeting hall. The subject has the potential to be rehabbed and converted back into single family use. Current zoning is R-3, Multiple Residence. Buyer to conduct all research and investigations regarding current zoning and use of the property with the City of Phoenix and any other matters that are important to the buyer. ***OWNER WILL CARRY***

1903 W Ocotillo Road, Phoenix

2 Beds ⋅ 1 Baths ⋅ 6754598 MLS ⋅ 704 SqFt.

Location Location Location. Great investment opportunity. Multi-Famlily zoning with the option to build in the future 4 condos, townhomes or single family. Beautifully remodeled in & out. 2 BR and 1 bath manufactured home. HVAC A/C installed in 2023. Prime corner lot. Huge recreational park across the street highlighting strong demand for Multi family use. close to major freeways, schools and variety of shopping & dining. Sales for condos in the area for up to $1 million. Home is very clean & cozy. with lovely garden and outdoor living qualities. Zoning R4-A.

17601 N 22nd Street, Phoenix

4 Beds ⋅ 4.5 Baths ⋅ 6754404 MLS ⋅ 5,645 SqFt.

Tour Your Desert Jewel at ''House in the Rock'', a breathtaking architectural masterpiece nestled within a secluded canyon at Piestewa Peak. Set on a 13,522-square-foot lot with nearly 6,000 square feet of living space, this estate seamlessly blends modern luxury with the rugged beauty of the desert. Designed to appear as if it grew from the surrounding terrain, the home stands as a true fortress—the most expensive build on the mountain, requiring the mountainside to be blasted and reinforced with steel and concrete. Every detail, from the hand-fabricated steelwork to the raw materials, showcases exceptional craftsmanship and durability. A hand-laid curved driveway leads to a secure motor court for five luxury vehicles, setting the tone for the grandeur inside. Ascend to the main living spaces via an Otis Commercial Elevator or steel stairs, arriving at a dramatic pivot door crafted from steel and glass. Inside, you'll be greeted by 180-degree city and sunset views, though the showstopper is the linear wall of fire set against the backlit mountainside. The kitchen is equipped with top-of-the-line appliances, walnut cabinetry, and quartz countertops, while the great room offers a seamless indoor-outdoor living experience with automated glass doors. The second floor houses the owner's suite and two ensuite bedrooms, each with private balconies, as well as a stunning pool terrace carved into the rock, featuring a heated pool and spa. The top level is a true entertainer's dream, with a wet bar, full bathroom, and access to the expansive rooftop "Sky Yard," a desert garden perfect for gatherings. Combining impeccable craftsmanship, unparalleled views, and cutting-edge construction, "House in the Rock "is a one-of-a-kind desert sanctuary built to stand the test of time. This house is not for just anyone, its for those with a keen eye and a taste for the extraordinary.

7201 N 23rd Place, Phoenix

4 Beds ⋅ 3 Baths ⋅ 6754375 MLS ⋅ 2,500 SqFt.

Appraised on 2/14/24 for $1,204,429 Fully remodeled designer oversized property with 2 master bedrooms. Split floor plan, 4 bed 3 bath 2 car garage. Gorgeous property to live in. Over $200k in upgrades from floor to the ceiling was all done.

3336 E Earll Drive, Phoenix

3 Beds ⋅ 2 Baths ⋅ 6754369 MLS ⋅ 1,964 SqFt.

Fully upgraded gorgeous home with lots of amenities to enjoy and fully owned solar system. New flooring, countertops, new baseboard, new fixtures, new showers and tub and vanity, new stucco, fresh paint inside and out, and a lot more to discover. 3 bed 2 bath with one car garage and den. Huge covered patio and pool with green areas for kids to play. All furniture can be sold separately.

519 E El Camino Drive, Phoenix

3 Beds ⋅ 2 Baths ⋅ 6745672 MLS ⋅ 1,758 SqFt.

**Attention** Investment opportunity in North Central Phoenix! This property includes a 1758 Sf Main Home and 900 SF Remodeled Casita. Both units are leased, generating $4,320/lease monthly. NO HOA. 15,027 Sf lot with plenty of room for future expansion. The main home includes a spacious kitchen, living/family room, large, covered patio with a large backyard and RV gate. The 2-bed, 1-bath Casita includes New white shaker cabinets, stainless-steel appliances and LVP flooring. Conveniently Located near the Phoenix Mountain Preserve with quick access to hiking trails, Great Local dining, shopping, and the 51 Freeway. Quick access to anywhere in the valley, 10 minutes to Downtown Phoenix. If you're looking for an investment opportunity, check this out today to see the potential for yourself

8045 N 14th Street, Phoenix

0 Baths ⋅ 6753569 MLS

8-unit property fully leased to a reputable sober living company. NNN Lease: Tenant covers all property expenses (taxes, insurance, maintenance). Total Renovations: Over $200,000 invested in upgrades. New Bathrooms with tile showers - $50,000. Updated Flooring throughout - $40,000. New Appliances installed - $10,000. Fresh Interior & Exterior Paint - $35,000. Enhanced Security: Steel fence, new doors, and surveillance cameras - $40,000. Recent HVAC & Hot Water Heater Upgrades - $34,000. Stable Income: Long-term lease provides predictable cash flow with minimal management. Disclaimer: Verify all financials and lease terms independently. ### Investment Opportunity: Fully Leased 8-Unit Property in Phoenix, AZ **Location**: 801 E Dunlap Ave, Phoenix, AZ **Overview:** This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities. **NNN Lease Structure Explained:** The property operates under a Triple Net (NNN) lease, where the tenant assumes responsibility for all property expenses including taxes, insurance, and maintenance costs. This ensures predictable cash flow for the investor without the typical day-to-day management hassles. **Property Highlights:** - **Recent Renovations:** Over $200,000 in recent upgrades including: - New bathrooms featuring tile showers ($50,000) - Updated flooring throughout ($40,000) - New or replaced appliances ($10,000) - Fresh interior and exterior paint ($35,000) - Modern kitchen upgrades including new cabinets ($10,000) - Enhanced security with a steel fence and new exterior doors ($10,000) - Upgraded finishes and lighting fixtures ($1,500) - Improved laundry facilities ($2,000) - Installation of surveillance cameras for added security ($22,000, operational status verified) - Updated hot water heaters and AC units installed within the last 5 years ($34,000) **Financial Overview:** - **Lease Terms:** Long-term master lease with a reputable sober living company covering 100% of expenses. - **Income Stability:** Predictable rental income with all expenses paid by the tenant, offering a hassle-free investment opportunity. - **Capital Expenditures:** Recent renovations ensure reduced maintenance costs and increased tenant satisfaction, enhancing property value and marketability. **Investment Considerations:** This property represents an attractive opportunity for investors seeking stable cash flow and minimal management involvement. With a strong lease in place and recent capital improvements, it stands as a secure investment in the vibrant Phoenix real estate market. *Disclaimer: Buyers are encouraged to verify all financial figures and lease terms independently.* This marketing piece emphasizes the property's attractive investment potential, highlighting the NNN lease structure, recent renovations, and the stable income stream from a long-term tenant.

801 E Dunlap Avenue, Phoenix

2 Beds ⋅ 1 Baths ⋅ 6753258 MLS ⋅ 700 SqFt.

Move-in ready! Charming 2-bedroom townhouse! Discover durable tile floors, vaulted ceilings, neutral paint, and recessed lighitng. The welcoming living room provides endless entertainment possibilities. You will love the eat-in kitchen boasting pendant lighting in the dining area, a pantry, stainless steel appliances, granite counters, popular white cabinets, a mosaic backsplash, and backyard access. Both bedrooms have a spacious closet for your belongings and soft carpet for added comfort. The bathroom offers a tiled tub/shower combination with a glass enclosure. Private backyard features lovely pavers, a covered patio, and a laundry room including a washer and dryer. Don't let this opportunity slip by!

3645 N 71st Avenue Unit 17, Phoenix

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