6644 E EARLL Drive E, 1-4, Scottsdale, AZ 85251
$1,020,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,020,000
Last Modified:
5/05/2025
Description
An amazing opportunity to own an investment property in Scottsdale. The Holiday Park area is very attractive to long & short-term renters seeking adjacency to Old Town Scottsdale, Fashion Square and award winning restaurants. This 4-plex consists of three 2-bedroom 1 bath units and one 1-bedroom 1 bath. Each unit has access to fenced patio areas and have a dedicated private parking spot. All units are fully occupied and cash-flowing, and all leases are below market value. On-site laundry room generates additional income of ~ $1,800/annually. Tremendous investment opportunity.
More Information MLS# 6582309
Contract Info
Current Price: $1,020,000
Sold Price: $1,020,000
Status: Closed
List Date: 2023-07-19
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P37
House Number: 6644
Compass: E
Street Name: EARLL
St Suffix: Drive
St Dir Sfx: E
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 7117
Country: US
County Code: Maricopa
Subdivision: HOLIDAY PARK 2
Assessor Number: 130-47-066
Tax Year: 2022
General Property Description
Lot Size Dimensions: 8,649
Year Built: 1958
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 1
Zoning: MF
Flood Zone: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks Misc
Cross Street: 68th St. & Osborn
Directions: Osborn and 66th Street. South on 66th Street to Earll. Left on Earll Drive to property.
Geo Lat: 33.483976
Geo Lon: -111.937092
Status Change Info
Status Change Date: 2023-09-28
Off Market Date: 2023-09-19
Under Contract Date: 2023-08-28
Close of Escrow Date: 2023-09-28
Sold Price: $1,020,000
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 22
Income Expenses
Gross Annual Sch Inc: 46500
Net Operating Income: 38037
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 621
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 3000
Avg SqFt: 921
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 20000
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Rolled
Floors: Ceramic Tile
Sale Includes: Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Drapes; Shutters
Appliances Included: Free-Standing Range; Refrigerator; Microwave
Heating: Heat Pump
Cooling: Electric; Heat Pump
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: On Street; Add'l Parking Avail; Paved
Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Status Update: Multiple Offers Recd
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Ln Type: Fixed
New Financing: Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: West USA Realty
Last Updated: May - 05 - 2025
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