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Listing Details

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MLS #
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School Information

Elementary School
Middle School
High School

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.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-09-18T09:12:03.487.
www.yosthomes.com/homes/121049537
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3119 N 67th Place Scottsdale, AZ 85251

  • Price: $1,050,000
  • Status: Active Under Contract
  • Updated: 52 min ago
  • MLS #: 6288060
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Holiday Park 2
County:
Maricopa
Area:
Scottsdale
Elementary School:
Other
Middle School:
Other
High School:
Other
School District:
048 - Scottsdale Unified District
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.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Landscape Wtr System Lot Size Dimensions Irr Parking >1 Space Per Unit Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 600 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 840 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetConcreteVinyl Heating Natural Gas

Property Features

1 Bedroom Unit Avg Rent 1550.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 1800.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 80750.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1600.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1200.00 Annual Legal And Acctg 0.00 Annual Maint Exp 3000.00 Annual Mgmt Exp 4200.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1000.00 Annual Wtr Swr Exp 1500.00 Community Amenities No Pool Cross Street Thomas & 68th St. Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 84000.00 Hoa YN No Net Operating Income 66898.00 New Financing Conventional Operating Exp 13852.00 Other Income 1000.00 Owner Pays SewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Scottsdale Taxes 1352.00 Tenant Pays ElectricGas Totl Mnth Rntal Inc 7000.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.05 Water City Franchise Zoning Multi

Listing courtesy of Grace Cre.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-09-18T09:12:03.487.
 
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Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122