$1,207,000
$1,195,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/22/2022
Key Details
Sold Price $1,207,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Vista Larga
MLS Listing ID 6346705
Sold Date 03/22/22
Maintenance Fees $500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1959
Annual Tax Amount $1,200
Tax Year 2021
Lot Dimensions 141.36 X 72.04 X 141.35 X 71.75
Property Description
This is not the ''value-add'' property you're looking for- that job has already been done on this property! Instead, this is a fantastic ''buy-it and leave it'' opportunity for busy professionals who need to decrease their tax liability while increasing their real estate portfolio. Scottsdale has consistently been one of the favorite ''buys'' for multi-family investors because of the draw the area has for young professionals, vacationers, celebrities and business development. This property currently has a consistent income stream with very low operating costs, all due to the master tenants' leases that are in place. Currently operating through an arbitrage as a Short-Term Vacation Rental, this property is essentially maintenance free w/ the tenant paying all utilities, & repairs under 300.
Location
State AZ
County Maricopa
Community Vista Larga
Zoning R5
Direction From Hayden Road Eastbound on Indian School. Turn Right up 78th street to Heatherbrae Ave. Turn Right onto Heatherbrae and the property is almost at the end of the street on the left. No for sale sign
Interior
Heating Electric
Cooling Electric
Appliance FS OvenRange, Refrigerator, WD Hookup
Exterior
Community Features Other, See Remarks, No Pool
Waterfront No
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Scottsdale Unified District
Others
Senior Community No
Tax ID 173-56-007
Acceptable Financing No Carry, Conventional
Listing Terms No Carry, Conventional
Financing Conventional
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Bought with eXp Realty
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