About The Property

Investor Opportunity in a prime location! A 4-plex in a high-demand area near Old Town Scottsdale. Units are currently rented at $1,250/month - well below market average and presenting the strong upside potential. Fresh exterior paint and all A/C units were replaced a few months ago. Roof has been replaced within the last 3 to 5 years. Ideal for investors looking to renovate and increase cash flow. With no HOA and low-maintenance setup (no carports or garages), this is an excellent value-add opportunity for 1031 exchange, portfolio expansion, or those seeking a foothold in Scottsdale's strong rental market.
Courtesy of Century 21 Arizona Foothills 480-704-8000
Listing Snapshot
Days Online
257
Last Updated
Property Type
Multiple Dwellings
Year Built
1956
MLS Number
6896111
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
"Free-Standing Range", "Refrigerator"
Building
Built in 1956, Construction materials: "Painted", "Block", 4 total units
Cooling
"Electric"
Exterior Features
"Sidewalk(s)"
Floors
"Carpet", "Ceramic Tile"
Heating
"Individual", "Natural Gas"
Parking
"Paved", "1 Space/Unit", 4 total parkings
Property
Zoning: R1-7
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,469, Lot: 1
Utilities
"APS"
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30 Days Snapshot Of 85251
$911k
-28%
(avg) sold price
50
+28%
homes sold
86
-18%
(avg) days on market
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Monthly Payment
$0

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