Properties
Scottsdale, AZ 85257 2614 N 72ND Place
$900,000
17 more
Presented By: Orion Investment Real Estate; 480-634-6934
Home Details
Located in the heart of a quiet, fully residential South Scottsdale neighborhood right by Old Town, 2614 N 72nd Place offers a rare boutique multifamily opportunity to buy a single-story triplex with an amazing unit mix. With 3-5% down, the property could also be purchased with a first-time home buyer's loan, allowing a buyer to live in an amazing location while saving a significant mortgage payment. Two identical triplexes available. 2,807 SF each, Amazing unit mix of (1) 3-bed/2-bath, (1) 2-bed/2-bath, and (2) 2-bed/1-bath units averaging ~936 SF. One of the most desirable mixes available in this submarket. Currently 100% leased with rents below market, the value-add upside is clear. No HOA, private walled patios with pergolas throughout, and 2+ parking spaces per unit.
Presented By: Orion Investment Real Estate; 480-634-6934
Interior Features for 2614 N 72ND Place
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
General for 2614 N 72ND Place
Additional Parcels Y/NYes
Attached Garage No
Cap Rate4.24
Carport Y/NNo
CityScottsdale
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Adobe
CoolingCeiling Fan(s), Electric
CountyMaricopa
DisclosuresNone
ElectricAPS, SRP
Electric Expense6210.0
Elementary SchoolPima Elementary School
Elementary School DistrictScottsdale Unified District
Garage Y/NNo
Gross Income102258.0
HeatingForced Air
High SchoolCoronado High School
High School DistrictScottsdale Unified District
Insurance Expense5400.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense6660.0
MobileHomeRemainsYNNo
Net Operating Income76408.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total3
Open Parking Spaces7.0
Operating Expense25986.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameJUANITA ''Y'' OLMO FRONTIER PLACE
Tax Annual Amount2596.0
Tax Lot16
Tax Year2025
Township2N
Year Built1971
ZoningR-5
Exterior for 2614 N 72ND Place
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsTBD
Number of Buildings1
Parking FeaturesPaved, >1 Space Per Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking7.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Elementary School
Pima Elementary School
Middle School
N/A
High School
Coronado High School
