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4036 N Parkway Avenue , #4

Scottsdale, AZ 85251
  • $2,300,000
  • STATUS: Active Under Contract
  • ON SITE: 39 Days
  • MLS #: 6295599
Under Contract
UPDATED: 38 min ago
$2,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

Description

Four on Parkway is 4 owned townhomes with no HOA! Walking distance to Old Town Scottsdale. This is a fully renovated property! New stucco kitchens, bathrooms, flooring custom staircases, new paint and floors. Each unit has own back yard and a huge side yard for common area. Can be short term or Airbnb. These condos are super rare opportunity to own whole complex and land. All units have 2 bedroom 1.5 bathrooms. All townhouse style units with brand new washer and dryers. All have two covered parking and private yards. Property is currently has a tenant ready to start renting in October first for 2,800 per unit plus rental tax. Tenant will pay for all utilities and landscaping. Self managed property 5.5 cap on current actuals. If ran as short term rental over 7.5 cap. Schedule tourAll facts and figures are approximate buyer verify MLS information Owner Broker agents

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Klaus Team Real Estate Solutions | Keller Williams Integrity First. Data last updated 2021-10-28T17:12:20.313.
www.klausteam.com/homes/121568122
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4036 N Parkway Avenue , #4 Scottsdale, AZ 85251

  • Price: $2,300,000
  • Status: Active Under Contract
  • Updated: 38 min ago
  • MLS #: 6295599
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1972
Built
Neighborhood:
Scottsdale Parkway Townhouse Condominium Unit 4
County:
Maricopa
Area:
Scottsdale
School District:
048 - Scottsdale Unified District
Property Description
Four on Parkway is 4 owned townhomes with no HOA! Walking distance to Old Town Scottsdale. This is a fully renovated property! New stucco kitchens, bathrooms, flooring custom staircases, new paint and floors. Each unit has own back yard and a huge side yard for common area. Can be short term or Airbnb. These condos are super rare opportunity to own whole complex and land. All units have 2 bedroom 1.5 bathrooms. All townhouse style units with brand new washer and dryers. All have two covered parking and private yards. Property is currently has a tenant ready to start renting in October first for 2,800 per unit plus rental tax. Tenant will pay for all utilities and landscaping. Self managed property 5.5 cap on current actuals. If ran as short term rental over 7.5 cap. Schedule tourAll facts and figures are approximate buyer verify MLS information Owner Broker agents
Exterior Features

Construction BlockFrame - Wood Construction Finish Painted Covered Parking Spaces 8.00 Exterior Amenities Other (See Remarks) Lot Size Dimensions Irr Parking >1 Space Per Unit1 Space/UnitCarportPaved ParkingStreet Parking Roads Asphalt Roofing ConcreteTile

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 900 2 Bedroom Units Baths 8 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeCompactorDishwasherDisposalRefrigeratorW/D Hookup Cooling Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinyl Heating Electric Interior Amenities Other (See Remarks)

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 2800.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 134400.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 4000.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2000.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No PoolOtherSee Remarks Cross Street Indian School And Miller Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual Meter Gas None Gross Annual Sch Inc 134400.00 Hoa YN No Net Operating Income 125888.00 New Financing Other (See Remarks) Operating Exp 8512.00 Other Income 0.00 Owner Pays SewerWater Payment Includes Taxes Project Type DuplexFour PlexOther (See Remarks)Tri-Plex Sale Includes Other (See Remarks) Sewer Sewer - Public Source Of Financial Data Projected Proforma Special Owner/Agent Tax Municipality Scottsdale Taxes 2512.00 Tenant Pays ElectricTrash Totl Mnth Rntal Inc 11200.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City Franchise Zoning R-5

Listing courtesy of Grace Cre.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Klaus Team Real Estate Solutions | Keller Williams Integrity First. Data last updated 2021-10-28T17:12:20.313.
 
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