UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Western Villa
MLS Listing ID 6896111
Year Built 1956
Annual Tax Amount $1,469
Tax Year 2024
Lot Dimensions 7657
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Fully occupied 4-plex in a high-demand area near Old Town Scottsdale. Each units rented at $1,250/month - well below market average and presenting the strong upside potential. Fresh exterior paint and all A/C units 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.
Location
State AZ
County Maricopa
Community Western Villa
Zoning R1-7
Direction From 101, west on Thomas Rd, north on 70th St. Property is located on the south/west corner of 70th St and Pinchot Ave.
Interior
Heating Individual, Natural Gas
Cooling Electric
Flooring Carpet, Ceramic Tile
Appliance Free-Standing Range, Refrigerator
Exterior
Parking Features Paved, 1 Space/Unit
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Individual Meter, City Franchise
New Construction No
Schools
School District Scottsdale Unified District
Others
Senior Community No
Tax ID 130-15-009
Acceptable Financing No Carry, Conventional, 1031 Exchange
Disclosures Seller Prop Disc Stm
Listing Terms No Carry, Conventional, 1031 Exchange
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."
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