Listing ID6419382
Price$1,399,000
StatusActive
CountyMaricopa
SubdivisionWESTERN VILLA
Year Built1957
Property TypeMultifamily Residential
Property Sub TypeFour Plex
Welcome to Pinchot Villa Apartments located in the heard of Old Town Scottsdale. Super close to Fashion Square mall, entertainment and restaurants. The 3 bedroom unit has been full renovation new kitchen, quartz counter tops, new flooring, new paint, updated bathroom, plumbing, central air conditioning with updated duct work, added washer and dryer inside the unit. The 3 (one) bedroom units have been remolded and updated also have private back yards. The two units in the middle have washer and dryers added into the units. All units have brand new front modern doors and private backyards. The front court yard has new fencing to make for a nice curb appeal and freshly installed artificial turf added to both front and back! One brand new ac unit replaced last month. All facts and figures are approximate buyer verify MLS information. Show anytime!
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
WESTERN VILLA
Year Built
1957
Zoning
Residential
1 Bedroom Units
3
1 Bedroom Units: Average SqFt
525
1 Bedroom Units: Number of Baths
1
3 Bedrooms Units
1
3 Bedrooms Units: Average SqFt
950
3 Bedrooms Units: Number of Baths
1
Appliances Included
Other (See Remarks)
Cooling
Central A/C, Electric, Window/Wall Unit
Floors
Carpet, Ceramic Tile
Heating
Electric
Total Units
4
Construction
Block
Exterior Amenities
Desert Landscaping
Exterior Finish
Brick Trim/Veneer, Painted, Stucco
Lot Size Dimensions
9,365
Parking
>1 Space Per Unit, Street Parking
Roads/Streets
Alley, Asphalt
Roofing
Comp Shingle
Total Parking Spaces
8
Country
USA
Cross Street
68TH Street & Osborne
Lot Number
18
Map Code/Grid
P37
Range
4E
Section
27
Township
2N
Community Amenities
No Pool
Electric
APS, Individual Meter
Entry Timestamp
2022-06-17T17:30:22+00:00
Gas
SW Gas
Marketing Name
Pinchot Villa Apartment's
Owner Association
No
Sewer
Sewer - Public, Sewer-In & Connected
Vacancy Allowance
0.03
Water
Individual Meter, Master Meter
1 Bedroom Units: Average Rent
1700
3 Bedrooms Units: Average Rent
1999
Adjusted Gross Income
82632.36
Annual Insurance Expense
1500
Annual Landscape Expense
1200
Annual Maintenance Expense
3000
Annual Management Expense
3500
Annual Trash Expense
1500
Annual Water/Sewer Expense
2500
Contingency Type
No
Financial Data Source
Other (See Remarks), Projected Proforma
Gross Annual Scheduled Income
85188
Net Operating Income
68042
New Financing
Conventional, FHA, Seller May Carry
Operating Expense
14602
Owner Pays
Landscaping, Other, Sewer, Trash Collection, Water
Sale Includes
Land & Building
Tax Municipality
Scottsdale
Taxes
1402
Tenant Pays
Cable TV, Electric
Total Monthly Rental Income
7100
Contact - Listing ID 6419382
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
