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Address
7520 E Thomas Road Scottsdale, AZ
Price
$ 1,500,000
Property Attributes
  • MLS#5938065
  • TypeMulti-Family
  • CountyMARICOPA
  • CityScottsdale
  • NeighborhoodLa Rosa Place
  • Zip85251
  • Style
  • Year Built1953
  • Taxes2663
  • Price$ 1,500,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2700
Listing Provided Courtesy Of:
Parsons Villas, LLC
Property Description

GREAT INVESTMENT OPPORTUNITY ON TWO LOTS! CASH FLOWING LAND PLAY WITH R-5 ZONING! Location Includes 7530 E Thomas Rd/7520 E Thomas Rd. Purchase with neighboring properties - 2913-19 N 75th Pl (MLS 5944387, 5944400) for an awesome 1.01 net acre site is zoned multi-Family Residential (R-5) ability to build up 23 units per gross acre with 36' Building Height Allowed.7530 E Thomas has a single unit that was completely remodeled in 2019 as a 3BR/2BA vacation rental. There is an adjacent unfinished shell as well that can be built out for additional income.7520 E Thomas has two units with long term tenants collecting 1,135 and 1,250 monthly.

Elementary School Middle School High School
Pima Elementary School Supai Middle School Coronado High School
Price History
6/25/2019 Listed $3,000,000
6/29/2019 50% - $1,500,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1200.00
3 Bedrooms Units: Avg Rent 6000.00
3 Bedrooms Units: Avg Sqft 1100
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Elementary School Pima Elementary School
Features Spa(s)
High School Coronado High School
Listing Status Active
Map Code/Grid P37
Middle School Supai Middle School
Net Income 0.00
New Financing Conventional
Owner Pays Water, Electric, Trash, Cable TV, Landscaping, Pool/Spa Maintenance
Property Type F
School District 048 - Scottsdale Unified District
Subdivision LA ROSA PLACE
Tenant Pays None
Year Built 1953
Zoning R-5

Interior Features

2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 800
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 2
Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, W/D Hookup
Cooling Central A/C, 2 or More Units
Electric APS
Floors Carpet, Ceramic Tile, Vinyl/Composition, Wood
Gas None
Heating Electric
Total Number of Units 3.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions 138 x 80
Parking Garage, Fee, Carport, Street Parking
Roof Built-Up, Comp Shingle, Foam
Sewer Sewer - Public
Total Parking Spcs 15.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85251

Price
AVG $1.5M
$1.5M
Taxes
AVG $2,663
$2,663
Visits
AVG 204
203
Year Built
AVG 1953
1953

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