3711 East Monterosa Street Phoenix, AZ 85018

Beautiful 2-story street facing end-unit condominium. One bedroom plus a loft/den (second sleeping area) and 1.5 bathrooms. Located in the Phoenix Arcadia Lite neighborhood just a short walk from La Grande Orange, Ingos, Postinos, North, Buck & Rider and dozens more restaurants/bars & coffee shops; an amazing location! The unit is available fully furnished for a turn-key rental or make this your Arizona primary or winter home. There is one covered carport parking spot included behind the complex, or park on the street right in front of your home. Stack washer/dryer along with recently installed tankless hot water heater, stainless steel appliances, window coverings, etc. all included.

Currently, this is the only unit of 64 in our complex configured as a loft with one primary bedroom/bathroom suite. However, it can be easily reconfigured back to a two bedroom if needed. Further, the recent installation of a tankless hot water heater creates additional space to add a shower to the current half bathroom on the first floor.

Note: The HOA currently has a six-month rental minimum, however, long-term AirBnBs are in high demand in this neighborhood with so many traveling healthcare professionals. The HOA monthly cost is $330 which includes water, sewer, trash. Annual property tax is $1,065.70 paid in two installments. SRP annualized budget electric payment is currently $113/month.

Note: Coming soon, property not available for showings until August 2026. Realtors: I have already selected a listing agent should that be needed. Investors: Lease-back option available with current owner as tenant.