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6502601 MLS
Ethos on Polk is a remodeled property consisting of six units located near Old Town Scottsdale. The property has four two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units. Each unit comes with a private patio and a storage room, as well as a new stackable washer and dryer.The property is under a NN (triple net) lease from a short-term rental company, which means that the tenant is responsible for all expenses related to the property, except for insurance and property taxes. The lease is for Three years, with a rental increase of 5% /per year and the lease was executed in April of 2023The property is fully occupied, with a monthly rental income of $11,000 and an annual income of $132,000. The current yearly expenses for the property are $5,417. including tile backsplashes, dual-pane windows, and a smooth stucco finish. The property is highly regarded by neighbors and considered the "new building on the block." It's important to note that the buyer should verify all facts and figures related to the property, including the lease agreement and rental income. Ethos on Polk is located at 7602 E Polk St in Scottsdale, Arizona. The property falls under the R-5 zoning, which allows for multi-family residential use. The property size is 4,140 square feet, and the land size is 11,021 square feet. The property is located in the postal/zip code area 85257. There is one building on the property, which contains the six remodeled units described earlier. The parcel number for the property is 131-15-001-Y. This property is located on the southeast part of Old Town Scottsdale. Old Town Scottsdale is a charming and historic district located in the heart of Scottsdale, Arizona. This area is known for its vibrant culture, unique shopping experiences, and stunning architecture. One of the highlights of Old Town Scottsdale is the famous art walks that take place every Thursday evening. During these art walks, visitors can peruse a wide variety of art galleries and studios while enjoying live music and street performances. It is a great way to experience the local art scene and connect with the community. Apart from the art walks, Old Town Scottsdale also offers a diverse employment base. The area is home to many small businesses, restaurants, and art galleries, providing a variety of job opportunities. Many of these businesses are locally owned and operated, creating a strong sense of community and supporting the local economy. With its charming streets and bustling atmosphere, Old Town Scottsdale is a popular destination for tourists, making it a hub for the hospitality and tourism industries. In addition to its employment base, Old Town Scottsdale is known for its distinctive architecture. The area boasts a mix of historic buildings, modern structures, and unique art installations. This blend of old and new creates a unique visual landscape that is both charming and exciting. Visitors can take a stroll down the streets of Old Town and admire the architecture, or stop by one of the many art galleries to view the work of local artists. Old Town Scottsdale is also home to a variety of annual events and festivals. These events draw visitors from around the world and showcase the rich culture and history of the area. From the Scottsdale Arabian Horse Show to the Scottsdale Arts Festival, there is always something exciting happening in Old Town. These events provide a unique opportunity for visitors to experience the vibrant culture of the area and connect with the community. Overall, Old Town Scottsdale is a vibrant and exciting district that offers a unique blend of art, culture, and employment opportunities. With its charming streets, diverse architecture, and lively atmosphere, it is no wonder that this area has become a popular destination for tourists and locals alike. Whether you are looking for a fun night out, a new job opportunity, or simply a chance to experience the rich culture of the area, Old Town Scottsdale has something for everyone.

7602 E Polk Street, Scottsdale

6199107 MLS
The Trullies is an impeccably maintained gated garden-style fully furnished turn key occupancy 12-unit boutique condo community. Located in a quaint Scottsdale neighborhood just blocks from Old Town. Built in 1984 and completely transformed in 2015. The Trullies enjoys all the flair of a Mediterranean resort with modern European interior finishes. The renovations include wood plank tile floors, Thermofoil euro style kitchen cabinets, reclaimed wood shelving & pantry, prep island, granite countertops, farm sink, stainless steel appliances, washer/dryer, contemporary bathrooms with glass tile shower & tub surrounds, Euro-style glass shower enclosures, stainless steel/cast-iron sink vanities & low-flow toilets. Each has a private patio or walk-out balcony. See supplement for more info... The exterior includes a grand ramada, designer outdoor furniture, gas fireplace, 2 gas BBQs, heated pool & spa, mature & maintained climate resistant lush landscape with beautiful trees & date palms, Sunbrella awnings & corrugated steel planter boxes thru-out. There are (8)-2 bed/2-bath 980sf units & (2)-4 bed/4-bath 1980sf units (currently split-up and rent as 4 separate units) all individually metered for electricity & hot water closets. This is a gated complex with 2 automatic entry gates, controlled entry access, 19 covered parking spaces & one 2-car garage, large storage building & business center. Trullies is in excellent condition, 100% maintained with newer air conditioners, roofs, asphalt, water heaters, gas line, pool equipment, pebble tec & landscape irrigation. Trullies offers a perfect location for both short-term visitors and traditional residents; centrally located providing quick access to Phoenix Sky Harbor International Airport, ASU, 5-minute ride to Old Town Scottsdale & close to the best shopping & restaurants.

7910-7920 E Wilshire Drive, Scottsdale

6161872 MLS
Venture on 66th is a completely renovated 8-unit property.Constructed in 1958 and renovated in 2019-2020, this investmentproperty is currently operating as a short-term/vacation rental andcomes fully furnished, with future bookings in place. Featuring alltwo-bedroom/one-bathroom units, the property offers its residents abeautiful, updated, and spacious vacation home no matter how shortor long their stay. Some tenants stay for a few days, while others formonths. Given its prime location, the property garners a lot of interest.In addition to the short-term/vacation rental model, which offersan owner a higher potential return, Venture on 66th could easily beconverted to and operated as a market-rate apartment community.Information for this kind of operation has also been Located in the heart of Old Town Scottsdale and situated on 2 separate parcels, allowing for 30-year fixed-rate residential financing on each parcel, Venture on 66th offers tenants quick access to all the remarkable dining and entertainment options that Old Town Scottsdale has to offer. Nearby attractions include Spring Training facilities, Scottsdale Fashion Square, SkySong, Papago Plaza, the McDowell Corridor (a $500M economic redevelopment), many boutique shops, bars, restaurants, and entertainment options in and around the Old Town Scottsdale area. Located southwest of Osborn and 68th Street, this area is undergoing a very rapid regentrification, with many apartment communities being renovated. This area is going to continue to improve and rental and pricing trends should continue to rise. Venture on 66th is one of the first fully renovated properties in this immediate area to hit the market, indicating that prices and rents are poised to go higher, so act fast. With interest rates at historic lows, and 30-year fixed-rate residential financing available (one loan for each parcel), Venture on 66th is a unique and exceptional opportunity for investors looking for a turnkey product in a great location.

3313 N 66th Place, Scottsdale

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