$795,000
Scottsdale, AZ 85251
MLS# 6497408

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Property Description
Great Location! Triplex in Scottsdale. Three 1 bed 1 bath units located in the most desirable rental market in Scottsdale! Just a few blocks from Old Town Scottsdale, Scottsdale Fashion Square, and Scottsdale Stadium where Spring training games are held!
Details
Maps
Contract Info
Current Price: $795,000
List Price: $795,000
Status: Active
List Date: 2022-12-09
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P37
House Number: 6813
Compass: E
Street Name: AVALON
St Suffix: Drive
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6883
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 53 WESTERN VILLA MCR 006401
Subdivision: WESTERN VILLA
Assessor's Map #: 15
Assessor's Parcel #: 61
Add'l Parcels: No
Assessor Number: 130-15-061
Legal: LOT 53 WESTERN VILLA MCR 006401
Census Tract: 217502
Tax Municipality: Scottsdale
Taxes: 911
Tax Year: 2022
Marketing Name: Western Villa
General Property Description
Lot Size Dimensions: 66 ft x 98.50 ft
Year Built: 1957
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 1
Zoning: R1-7
Elementary School: Tavan Elementary School
Jr. High School: Ingleside Middle School
High School: Arcadia High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: 68th St & Thomas Rd
Directions: North on 68th St to Avalon. East on Avalon to 6813 E Avalon Dr.
Geo Lat: 33.482979
Geo Lon: -111.934014
Status Change Info
Status Change Date: 2022-12-09
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 53
Income & Expenses
Annual Mgmt Exp: 2700
Annual Wtr/Swr Exp: 1500
Owner Association: No
Operating Exp: 5111
Gross Annual Sch Inc: 40800
Adjusted Gross Inc: 40800
Net Operating Income: 35689
Pmt & Rate Info
Cap Rate: 4.49
Equity: 795000
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 1150
Avg SqFt: 500
# Baths: 1
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Patio/Balcony
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: F/S Oven/Range; Refrigerator
Cooling: Ceiling Fan(s); Central A/C
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking: Street Parking; 1 Space/Unit; Paved Parking
Roads/Streets: Dedicated Street
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas; Cable TV
Source of Fincl Data: Provided by Owner
Special: Accept Backups (CLO)
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Reports/Disclosures: None
Environmental: None
Listing Office: Arizona Elite Properties
Last Updated: February - 16 - 2023

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