$990,000
$1,049,900
5.7%For more information regarding the value of a property, please contact us for a free consultation.
7001 E WILSHIRE Drive Scottsdale, AZ 85257
Key Details
Sold Price $990,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6885990
Sold Date 10/17/25
Maintenance Fees $3,000
Year Built 1962
Annual Tax Amount $1,837
Tax Year 2024
Lot Dimensions .32
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
HERE IS A RARE OPPORTUNITY TO OWN A MULTI-FAMILY 5 UNIT BUILDING RIGHT IN THE HEART OF OLD TOWN SCOTTSDALE, STEPS FROM WORLD CLASS ART GALLERIES, OLD TOWN SCOTTSDALE FAMOUS CUISINE, AND IN THE HEART OF THE VALLEYS MOST PROMINENT NIGHTLIFE . IT IS ALWAYS 100% OCCUPIED. THIS IS A WONDERFUL 5 UNIT PROPERTY WITH FOUR 1BED/1BATH AND ONE 2BED/1BATH. THESE UNITS ARE LARGE AND WELL DESIGNED TO MAKE THEM FEEL EVEN BIGGER. LAREG CORNER LOT WITH NICE GRASS LANDSCAPING. ALL UNITS HAVE TIEL OR LVP FLOORING - NO CARPET! RENTS ARE HIGH ENOUGH TO PREFORM WELL FOR A NEW OWNER FORM DAY ONE, BUTTHERE IS ROOM STILL TO INCREASE RENTS AND TO EVEN ADD A UTILITY RUB FOR ADDED REVENUE. COIN LAUNDREY ONSITE THAT IS OWNED BY THE SELLER AND PRODUCES ADDED REVENUE AS 100% OF THE INCOME IS COLLECTED BY THE OWNER.
Location
State AZ
County Maricopa
Area Maricopa
Zoning R-3
Direction North on Scottsdale, west on Virginia, south on17th Place, west on Wilshire to complex on left
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile
Appliance Disposal, Refrigerator, Built-In Electric Oven
Exterior
Parking Features Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Yavapai Elementary School
Middle Schools Tonalea Middle School
High Schools Coronado High School
School District Scottsdale Unified District
Others
Senior Community No
Tax ID 129-05-010-H
Acceptable Financing Owner May Carry, Conventional, FHA
Disclosures Seller Prop Disc Stm
Listing Terms Owner May Carry, Conventional, FHA
Financing Carryback
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Bought with Marcus & Millichap
