$775,000
$849,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
7834 E GLENROSA Avenue Scottsdale, AZ 85251
Key Details
Sold Price $775,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Wentworth East
MLS Listing ID 6196106
Sold Date 03/19/21
Maintenance Fees $4,800
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1972
Annual Tax Amount $1,417
Tax Year 2020
Lot Dimensions 59.90x121.02x59.90x121.03
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.
Location
State AZ
County Maricopa
Community Wentworth East
Zoning R5
Direction North on 78th St, East on Glenrosa St, Property on North side of the street.
Interior
Heating Natural Gas
Cooling Heat Pump
Appliance Disposal, FS OvenRange, Refrigerator
Exterior
Community Features Other, See Remarks
Waterfront No
Roof Type Rolled/Hot Mop
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Navajo Elementary School
Middle Schools Mohave Middle School
High Schools Saguaro High School
School District Scottsdale Unified District
Others
Senior Community No
Tax ID 173-53-227
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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Bought with eXp Realty