Type
Single Family - Detached
Price
$825,000
Bed / Bath
4bd - 3.0ba
Size
1,900 sq ft.
Year Built
1960
Price/SqFt
$434
Postal Code
85257
Pool
Private Only
Single Family - Detached
$825,000
4bd - 3.0ba
1,900 sq ft.
1960
$434
85257
Private Only
Talk about a perfectly central located, fully renovated Scottsdale property. Was purchased several years ago and basically rebuilt from the ground up. During the process, a BRAND NEW pool was designed and completed, along with a full guest house remodel, with it's own kitchen.The property has been primarily used as a rental, with a current least in place. The tenants are 7 months into their 12 month lease. Lease amount is $75, 000 for the 12 months. Lease was just extended into Sept 2024. THE AVERAGE NOI is $67, 500 based on current lease and future lease terms.You really can't beat this location, between Old Town Scottsdale and Tempe, with Papago Plaza being redeveloped right around the corner.
More Information
Whether you're buying or selling a home, need guidance on mortage options or would like to discuss the real estate market in your area, we would love to hear from you.
7026 E Loma Land Drive Scottsdale, Az 85257 is a courtesy listing of Christopher J Risi at HomeSmart