Listing ID6395609
Sold For$767,000
StatusClosed
Sold Date6/15/2022
CountyMaricopa
SubdivisionCOX HEIGHTS 7
Year Built1963
Property TypeMultiple Dwellings
Spectacular investment property, beautifully updated. 2 units both 2 bedroom 2 bath 2 car garage! Great earning property. Close to old town Scottsdale, freeway, shopping , civic center, restaurants, golfing and so much more.
Units are constantly booked as short term rental. No HOA,
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
COX HEIGHTS 7
Year Built
1963
Zoning
R-2, R-7
2 Bedroom Units # Baths
2
2 Bedroom Units Avg SqFt
1026
Cooling
2 or More Units, Electric, Ceiling Fan(s)
Cooling
yes
Heating
Individual, 2 or More Units, Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
West on McDowell to 87th street. North to Home
Elementary School
Hohokam Elementary School
Elementary School District
Scottsdale Unified District
General Property Description Elementary School
Hohokam Elementary School
General Property Description Elementary School District2
Scottsdale Unified District
General Property Description High School
Coronado High School
General Property Description High School District
Scottsdale Unified District
General Property Description Jr High School
Mohave Middle School
High School
Coronado High School
High School District
Scottsdale Unified District
Middle Or Junior School
Mohave Middle School
Postal City
Scottsdale
Township
2N
Water Source
City Franchise, Individual Meter
Attached Garage
yes
Construction Materials
Painted, Block
Covered Spaces
4
Electric
SRP, Individual Meter
Garage
yes
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
0.15acres / 6,710 sq. ft.
General Property Description Total # of Units
2
Lot Size Dimensions
0.15acres / 6,710 sq. ft.
Number Of Buildings
1
Number Of Units Total
2
Parking Attached
1
Parking Features
Attached
Parking Garage
1
Parking Total
4
Road Surface Type
Asphalt
Roof
Composition
Sewer
Sewer-In & Connected, Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
4E
Public Survey Section
36
Cap Rate
8.6
Disclosures
None
Gross Income
79200
Gross Scheduled Income
79200
Listing Terms
Conventional, FHA, VA Loan
Net Operating Income
64463
Operating Expense
1165
Owner Pays
Water, Landscaping
Tax Annual Amount
1165
Tax Book Number
131.00
Tax Lot
1038
Tax Year
2021
Tenant Pays
See Remarks
Contact - Listing ID 6395609
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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