3232 N 66TH Street, Scottsdale, AZ 85251
$485,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$485,000
Last Modified:
5/24/2025
Description
Located right outside the popular Arcadia District with easy access to downtown Scottsdale and the surrounding areas. This fourplex is fully rented with minimal maintenance and operating costs. As it sits rents are ripe to be increased and it generates 25 to 30k of investment income as it sits. Rents need to be raised to market which can easily done, Units are tile throughout with laminate countertops, and seasoned tenants. Great Investment Opportunity!!!
More Information MLS# 5895314
Contract Info
Current Price: $485,000
Sold Price: $485,000
Status: Closed
List Date: 2019-02-28
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P37
House Number: 3232
Compass: N
Street Name: 66TH
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6725
Country: US
County Code: Maricopa
Subdivision: IMPERIAL MANOR
Assessor Number: 130-47-036
Tax Year: 2018
General Property Description
Lot Size Dimensions: 72/106
Year Built: 1959
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: [R-5]
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Tavan Elementary School
Jr. High School: Ingleside Middle School
High School: Arcadia High School
Remarks Misc
Cross Street: 64th St. and Indian School
Directions: AZ-51 S: Take exit 3, Indian School Road and turn left. Turn Right onto N. 64th Street. Cont on E Osborn to N. 66th St. Turn Left onto Osborn Turn Right on 66th Street, property will be on the right.
Geo Lat: 33.485708
Geo Lon: -111.938794
Status Change Info
Status Change Date: 2019-05-17
Off Market Date: 2019-05-17
Under Contract Date: 2019-03-25
Close of Escrow Date: 2019-05-10
Sold Price: $485,000
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 32
Income Expenses
Net Operating Income: 25500
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 775
Avg SqFt: 590
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 850
Avg SqFt: 800
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 7500
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool; Other; See Remarks
Exterior Amenities: Desert Landscaping
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Disposal; Microwave
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit; Add'l Parking Avail; Free
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; Conventional; No Carry
Environmental: None
Listing Office: CR Property Services, Inc
Last Updated: May - 24 - 2025
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