3307 North 66th Street

Scottsdale AZ 85251

Multi-Family

Currently for sale - view listing

Overview

Price Reduction $150,000 per building, & Seller is offering $10,000 to be used towards closing costs &/or rate buy down. The Holiday Park area w/ its developing mid-century vibe, is attractive to long & short-term renters seeking the lifestyle that Old Town Scottsdale has to offer. Each building consists of three 1-bedroom 1 bath units & one 2-bedroom 1 bath unit. New owner could potentially combine the laundry room & storage closet to the adjoining 1bd unit in each building which would then convert each building two 2bd's and two 1 bd's. All units are fully occupied and cash-flowing, all leases month-to-month & below market value, offering MAXIMUM INVESTOR flexibility & growth potential. Current rent comps show the ability to raise rents w/ only minimal improvements.