6950 E EARLL Drive, Scottsdale, AZ 85251
$1,125,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,125,000
Last Modified:
2/06/2025
Description
6950 E Earll Dr, a boutique 4-unit investment property in Old Town Scottsdale. The property was constructed in 1960 and consists of (1) 1x1 unit, and (3) 2x1 units totaling approximately 2,675 rentable square feet. The one-bedroom unit is currently being operated as a short term rental, averaging over $2,000 a month in income. The other (3) 2x1 units are month-to-month, and average about $1100 in rent. Please reach out with any additional questions.
More Information MLS# 6761305
Contract Info
Current Price: $1,125,000
Sold Price: $1,125,000
Status: Closed
List Date: 2024-09-23
Ownership: Fee Simple
Location Tax Legal
House Number: 6950
Compass: E
Street Name: EARLL
St Suffix: Drive
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6853
Country: USA
County Code: Maricopa
Subdivision: WESTERN VILLA 2
Assessor Number: 130-14-085-A
Tax Year: 2023
General Property Description
Lot Size Dimensions: 83x105
Year Built: 1960
Uncvrd Parking Spcs: 2
Total # of Units: 4
# of Buildings: 1
Zoning: R1-7
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks Misc
Geo Lat: 33.484659
Geo Lon: -111.930681
Status Change Info
Status Change Date: 2025-02-06
Off Market Date: 2025-01-20
Under Contract Date: 2025-01-20
Close of Escrow Date: 2025-02-05
Sold Price: $1,125,000
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 158
Income Expenses
Gross Annual Sch Inc: 84900
Net Operating Income: 62210
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 2098
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1100
Avg SqFt: 725
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Other (See Remarks)
Const - Finish: Other (See Remarks)
Roofing: Comp Shingle
Floors: Other
Sale Includes: Land & Building
Payment Includes: Interest
Community Amenities: No Pool
Exterior Amenities: Green Landscaping
Interior Amenities: Other (See Remarks)
Appliances Included: Other (See Remarks)
Heating: See Remarks
Cooling: See Remarks
Water: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking: Carport
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Lockbox Type: None
New Financing: Cash; Conventional; Seller May Carry
Environmental: None
Listing Office: Matthews Real Estate Investment Services
Last Updated: February - 06 - 2025
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