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6629 E Avalon Drive

Scottsdale, AZ 85251
  • $1,250,000
  • STATUS: Closed
  • ON SITE: 145 Days
  • MLS #: 6335255
Sold - 02/02/2022
$1,250,000
SOLD - 02/02/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Ratings & Info

Description

One of the Best Values in Scottsdale- PRIME Location !!!! - An envious 3 minutes to Old Town Scottsdale... with 3 HUGE TWO BEDROOM units and ONE (1) Bedroom UNIT - All with NEWLY Constructed PRIVATE Patios- Building is freshly painted and improved !Leases currently in the range of $900.00 to $1,350.00 per month, all rents are below current market rate. One or more units can be converted to a VRBO or AIRBNB Listing for an exceptionally high return. For a final cap rate of between 5.4 and 5.75 AND YES!!! The property is only about 100 yards from TWO public Scottsdale TENNIS courts !..., OFFERS TO BE REVIEWED NO LATER THAN MONDAY 1/3 10AM

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Fred Delgado Real Estate Group | Keller Williams Realty Professional Partners. Data last updated 2022-05-23T22:12:54.323.
www.freddelgado.com/homes/124318483
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6629 E Avalon Drive Scottsdale, AZ 85251

  • Price: $1,175,000
  • Status: Closed
  • On Site: 145 Days
  • Updated: 45 min ago
  • MLS #: 6335255
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1962
Built
Neighborhood:
Oasis Plaza
County:
Maricopa
Area:
Scottsdale
School District:
048 - Scottsdale Unified District
Property Description
One of the Best Values in Scottsdale- PRIME Location !!!! - An envious 3 minutes to Old Town Scottsdale... with 3 HUGE TWO BEDROOM units and ONE (1) Bedroom UNIT - All with NEWLY Constructed PRIVATE Patios- Building is freshly painted and improved !Leases currently in the range of $900.00 to $1,350.00 per month, all rents are below current market rate. One or more units can be converted to a VRBO or AIRBNB Listing for an exceptionally high return. For a final cap rate of between 5.4 and 5.75 AND YES!!! The property is only about 100 yards from TWO public Scottsdale TENNIS courts !..., OFFERS TO BE REVIEWED NO LATER THAN MONDAY 1/3 10AM
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 4.00 Exterior Amenities Cable Tv AvailableFencedGreen LandscapingLandscape Wtr SystemSecurity Light(S)Separate Storage Lot Size Dimensions 11972 Sf Parking <1 Space Per UnitCarportStreet Parking Roads AlleyAsphaltSidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 720 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 920 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigerator Cooling Ceiling Fan(S)ElectricIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Natural Gas

Property Features

1 Bedroom Unit Avg Rent 802.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 1045.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 47617.80 Annual Elec Exp 564.00 Annual Gas Exp 534.00 Annual Ins Exp 1792.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1440.00 Annual Legal And Acctg 0.00 Annual Maint Exp 480.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1440.00 Annual Wtr Swr Exp 2544.00 Community Amenities No PoolPlay Area Cross Street Thomas & 68th Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 49680.00 Hoa YN No Net Operating Income 37725.00 New Financing Conventional Operating Exp 10389.00 Other Income 444.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Scottsdale Taxes 1595.00 Tenant Pays Cable TvElectricGas Totl Mnth Rntal Inc 4140.00 Vacancy Allowance 0.05 Water City Franchise Zoning R-5

Listing provided by Russ Lyon Sotheby's International Realty: (480) 287-5200.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Fred Delgado Real Estate Group | Keller Williams Realty Professional Partners. Data last updated 2022-05-23T22:12:54.323.
 
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Fred Delgado Real Estate Group | Keller Williams Realty Professional Partners
7025 W Bell Rd Unit 10
Glendale AZ, 85308