$735,000
$850,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/19/2023
Key Details
Sold Price $735,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Holiday Park 2
MLS Listing ID 6449163
Sold Date 04/19/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1958
Annual Tax Amount $1,312
Tax Year 2021
Lot Dimensions 108' x 78'
Property Description
Location! Location! Location! Multifamily 4-Plex opportunity, excellent long term or Airbnb/VRBO investment opportunity in the most desirable rental market in Scottsdale! Just a few blocks away from Old Town Scottsdale, Scottsdale Fashion Square, and Scottsdale Stadium home of the SF Giants Spring Training. Demo has been completed and all units can be configured to your desired 2 bed 1 bathroom living spaces. Each unit has a private patio. Property has 3 storage rooms that can be used for expansion for more livable space. Comparable remodeled units in the immediate area are being leased up to $2,000 per month. This property has the potential to produce $8,000 monthly gross income, $96,000 annual gross income.
Location
State AZ
County Maricopa
Community Holiday Park 2
Zoning R-5
Direction Head north on N 68th St. Home will be on the left just passed the Circle K.
Interior
Heating None
Flooring Concrete
Appliance None
Exterior
Garage Paved Parking, Assigned
Community Features No Pool
Waterfront No
Roof Type See Remarks,Rolled/Hot Mop
Parking Type Paved Parking, Assigned
Total Parking Spaces 5
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
Elementary Schools Hopi Elementary School
Middle Schools Ingleside Middle School
High Schools Arcadia High School
School District Scottsdale Unified District
Others
Senior Community No
Tax ID 130-47-046
Acceptable Financing Other (See Remarks), 1031 Exchange
Listing Terms Other (See Remarks), 1031 Exchange
Financing Cash
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