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STR205

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2053 North 39th Pl, Phoenix, Arizona 85008

3675

Bedrooms

Utilities Included

Bathrooms

Furnished

Yes

Available to Lease on

ASAP

Property Type

Single Family

SQFT

1700

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Key metrics

Rent

3,675

Monthly Estimated Profit^?

2,008

Annual Estimated Profit^?

24,100

Acquisition Fee

3,500

Security Deposit

3,675

Average Daily Rate

303

Occupancy

62%

Annual Revenue

68,200

Key Features

This beautifully renovated 1,700 sq ft single-family home is located at 2053 N 39th Pl in the highly desirable Arcadia Lite neighborhood of Phoenix, Arizona. The property features 4 bedrooms and 2 bathrooms, boasting recent interior renovations that include concrete floors throughout, fresh paint, brand-new quartz countertops, and a modern backsplash.

The exterior of the home is an entertainer's dream, featuring a lush backyard with a variety of mature fruit trees—including lemon, peach, pear, apple, and pomegranate. Guests can enjoy the beautiful Arizona weather around the gas fire-pit, relax under the string-lit pergola, or play a game on the provided pingpong table. Situated just 10 minutes from Sky Harbor Airport and a quick drive to Old Town Scottsdale, this property is right around the corner from top local dining spots like LGO, Ingo's, Buck and Rider, Steak44, and Postino's.

Property Features

4 Bedrooms / 2 Bathrooms: Spacious layout capable of accommodating multiple beds (currently set up for King, 2 Queens, 2 Twins, and a pull-out couch).
Recent Renovations: Updated with concrete floors, fresh paint, new quartz countertops, and a stylish backsplash.
Outdoor Oasis: Incredible backyard featuring a gas fire-pit, a pergola with string lights, and a pingpong table.
Private Orchard: Unique landscaping includes mature lemon, peach, pear, apple, and pomegranate trees.
Flexible Leasing: Available either fully furnished or unfurnished based on your needs.
Prime Arcadia Lite Location: Extremely walkable/drivable to premium dining, 10 minutes from Sky Harbor, and a quick trip to Old Town Scottsdale.

STR Regulations Summary:

Status:

STR Friendly

View Regulations Here

Phoenix, Arizona allows non-owner occupied short-term rentals (STRs) but has implemented regulations to govern their operation. As of January 15, 2024, all STR operators in Phoenix must obtain a permit from the city3. This applies to both owner-occupied and non-owner occupied properties.Key regulations for non-owner occupied STRs in Phoenix include:

Registration and Permitting: Operators must register with the city and obtain a STR permit, which costs $250 for initial application and renewal3.
Insurance: Maintain liability insurance coverage of at least $500,000 per property1.
Display of Permit: The STR permit/license number must be displayed on all advertisements for the rental3.
Neighbor Notification: Operators must inform adjacent properties of their intent to operate an STR3.
Prohibited Uses: STRs cannot be used for large events like parties or weddings1.
Penalties: Violations can result in fines ranging from $500 for the first offense to $3,500 for the third offense1.
Taxes: STR operators must pay a combined tax rate of 12.57% for all state, county, and city taxes5.

Phoenix's regulations are considered relatively host-friendly compared to other major U.S. cities, as they do not restrict non-owner occupied STRs6. However, operators must comply with all city ordinances to avoid penalties and potential permit suspension1 3

STR Regulations Summary:

View Regulations Here

Property Location