3119 N 67th Place, Scottsdale, AZ 85251

$1,100,000
List Price
$1,100,000
Status
ACTIVE
Price Change
▲ $50,000 1634354273
Days on Market
45
MLS#
6288060
City
Scottsdale
Year Built
1958

Property Description

Welcome to Four on 67th Place! Amazing value add opportunity located in old town Scottsdale. Property has a newer roof and units were updated about 10 years ago. Property has 3 two bedroom one bath room units and 1 one bedroom one bath unit. Tenants rents have not been raised in years. Current rents are 700 to 750. Most are month to month or are expiring end of October. Once fully renovated rents are 1550-1850. Or run as short term rentals. No HOA. Laundry room onsite. All facts and figures are approximate buyer verify MLS information. Buyer drive by only no showings with out accepted offer.

Additional Information

Gross Annual Sch Inc
84000
Other Income
1000
Adjusted Gross Inc
80750
Taxes
$1,352
Annual Ins Exp
1600
Annual Mgmt Exp
4200
Annual Maint Exp
3000
Annual Water Sewer Exp
1500
Annual Trash Exp
1000
Annual Landscape Exp
1200
Operating Exp
13852
Net Operating Income
$66,898
Units
4
Project Type
Four Plex
Construction
Block
Roofing
Comp Shingle
Parking
>1 Space Per Unit
Cooling
Electric
Heating
Natural Gas
Floors
Carpet, Concrete, Vinyl
Exterior Amenities
Landscape Wtr System
Zoning
Multi
Subdivision
Holiday Park 2
Community Amenities
No Pool
Electric
APS
Gas
SW Gas
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Electric, Gas
New Financing
Conventional
Elementary School
Other
Middle School
Other
High School
Other
School District
048 - Scottsdale Unified District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Grace CRE.

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.