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    7834 E Glenrosa Avenue

    Scottsdale, AZ 85251
    • $849,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 6196106
    UPDATED: 142 min ago
    $849,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    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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    © 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 2021-03-01T00:11:33.46.
    www.yosthomes.com/homes/114339084
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    7834 E Glenrosa Avenue Scottsdale, AZ 85251

    • Price: $849,000
    • Status: Active
    • Updated: 142 min ago
    • MLS #: 6196106
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1972
    Built
    Neighborhood:
    Wentworth East
    County:
    Maricopa
    Area:
    Scottsdale
    Elementary School:
    Navajo Elementary School
    Middle School:
    Mohave Middle School
    High School:
    Saguaro High School
    School District:
    048 - Scottsdale Unified District
    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.
    Exterior Features

    Construction Block Construction Finish PaintedStucco Covered Parking Spaces 4.00 Lot Size Dimensions 59.90X121.02X59.90X121.03 Parking 1 Space/Unit Roads Asphalt Roofing Rolled

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 690 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 DisposalF/S Oven/RangeRefrigerator Cooling Heat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic Tile Heating Gas

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 730.00 2 Bedroom Units 4 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 35640.00 Annual Elec Exp 610.00 Annual Gas Exp 479.00 Annual Ins Exp 900.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 560.00 Annual Legal And Acctg 0.00 Annual Maint Exp 4800.00 Annual Mgmt Exp 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Wtr Swr Exp 2641.00 Community Amenities Other (See Remarks) Cross Street 78th St And Indian School Rd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas City Gas Gross Annual Sch Inc 35040.00 Hoa YN No Net Operating Income 24233.00 New Financing Conventional Operating Exp 11407.00 Other Income 600.00 Owner Pays ElectricGasLandscapingSewerWater Project Type Four Plex Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 1417.00 Tenant Pays Cable Tv Totl Mnth Rntal Inc 35040.00 Vacancy Allowance 0.00 Water City Franchise Zoning R5

    Listing courtesy of Realty One Group.


    © 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 2021-03-01T00:11:33.46.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122