7834 E Glenrosa Avenue, Scottsdale, AZ 85251
- $849,000
- List Price
- $849,000
- Status
- ACTIVE
- Days on Market
- 14
- MLS#
- 6196106
- City
- Scottsdale
- Lot Size
- 4
- Year Built
- 1972
Property Description
You will not find a better location! Do not miss out on this rare find. Highly desirable location walking distance to Old Town Scottsdale. This 4 plex is income producing with upside potential. The units are 2 bedroom/1 bath units with off street covered parking. Value add opportunity average monthly rent $730 per month proforma $950-1,100. Proforma cap rate 4.8%. Long term tenants, rents current, month to month. These units have been maintained by the owner, no deferred maintenance. On-site laundry facility. Great property, desert landscape and no HOA. Strong rental area, low to no vacancies. Amazing location freeway access, minutes to ASU and Sky Harbor Airport. Buyer or Buyer's agent to verify all facts and figures. Do not disturb the tenants.
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Additional Information
- Gross Annual Sch Inc
- 35040
- Other Income
- 600
- Adjusted Gross Inc
- 35640
- Taxes
- $1,417
- Annual Ins Exp
- 900
- Annual Maint Exp
- 4800
- Annual Elec Exp
- 610
- Annual Gas Exp
- 479
- Annual Water Sewer Exp
- 2641
- Annual Landscape Exp
- 560
- Operating Exp
- 11407
- Net Operating Income
- $24,233
- Units
- 4
- Project Type
- Four Plex
- Pool
- Yes
- Guest House SqFt
- 4
- Construction
- Block
- Roofing
- Rolled
- Parking
- 1 Space/Unit
- Cooling
- Heat Pump
- Heating
- Gas
- Floors
- Carpet, Ceramic Tile
- Zoning
- R5
- Subdivision
- Wentworth East
- Electric
- APS
- Gas
- City Gas
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Cable TV
- New Financing
- Conventional
- Elementary School
- Navajo Elementary School
- Middle School
- Mohave Middle School
- High School
- Saguaro High School
- School District
- 048 - Scottsdale Unified District
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Listing courtesy of Realty ONE Group.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.