3126 N 68TH Street $1,100,000

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    3126 N 68TH Street Scottsdale, AZ 85251

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6561008
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    Views: 11 Days On Site: 9

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    Property Details

    Remarkable investment opportunity in Scottsdale's most sought-after multifamily community! This versatile fourplex property features 2 bed 1 bath(2 Units), 1 bed, 1 office/den, 1 bath(1 Unit), and 1 bed 1 bath(1 Unit). This income producing property can be utilized as LTR or STR. Located a few blocks away from Old Town Scottsdale, Scottsdale Fashion Square, Scottsdale Stadium home of the SF Giants Spring Training, and HonorHealth Scottsdale Osborn Medical Center (Travel Nurses). Tenants & guests can also enjoy the neighborhood outdoor activities of Paiute Park. The potential for steady rental income, this opportunity is a savvy investor's dream.

    • General Features
      • Community Amenities No Pool
      • County Maricopa
      • Covered Parking Spcs 0.00
      • Cross Street Thomas Rd & N 68th St
      • Directions Head north on N 68th St. Property will be on the left.
      • Gas None
      • Marketing Name Holiday Park
      • New Financing FHA,VA,1031 Exchange,Conventional
      • Parking Paved Parking,Assigned,>1 Space Per Unit
      • Project Type Four Plex
      • Roofing Comp Shingle
      • Subdivision HOLIDAY PARK 2
      • Tax Municipality Scottsdale
      • Taxes $1,189
      • Total Units 4.00
      • Year Built 1958
      • Zoning MULTI
    • Building Features
      • Construction Block
      • Appliances Included F/S Oven/Range,Refrigerator
      • Floors Ceramic Tile
      • Cooling Central A/C,Ceiling Fan(s),Electric
      • Heating Electric,Central,Heat Pump
    • Room Features
      • # 1 Bedroom Units 2
      • 1 Bedroom Units: Avg Rent 1800.00
      • 1 Bedroom Units: Avg SqFt 670
      • 1 Bedroom Units: # Baths 1
      • # 2 Bedroom Units 2
      • 2 Bedroom Units: # Baths 1
      • 2 Bedroom Units: Avg Rent 2200.00
      • 2 Bedroom Units: Avg SqFt 770
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 27
      • Tenant Pays Electric
      • Owner Pays Water,Trash Collection,Sewer
      • Income & Expenses: Net Operating Income 8250.00
      • Income & Expenses: Gross Annual Sch Inc 8000.00
      • Income & Expenses: Adjusted Gross Inc 8000.00
      • Legal Info: Range 4E
      • Legal Info: Lot Number 4
      • Total Parking Space 7.00
      • Electric APS,Individual Meter
      • Sewer Sewer - Public
      • Water Master Meter,City Franchise
    • Schools
      • Elementary School Other
      • High School Other
      • Middle School Other

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    Neighborhood

    85251 (Scottsdale) Demographics

    37 Median Age
    5,615 Population Density (per sq. mile)
    65% College Educated
    $71,662 Estimated Median Income
    10,241 Estimated Total Home Owners
    11,430 Estimated Total Renters
    47% / 53% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    41,592 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $525,000 Median Sales Price
    81 Homes Sold
    117 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,100,000
        5/25/2023 1:53:00 PM New in Database Source: Multiple Listing Service New Value: $1,100,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Data last updated 6/3/2023 5:19:47 AM PST. The ARMLS logo indicates a property listed by a real estate brokerage other than Tangible Wealth A Luxury Real Estate Company.

        All information should be verified by the recipient and none is guaranteed as accurate by ARMLS


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.