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Scottsdale Four Plex 3014 N 70th St 4 Unit Apartment Building $1,721,638 CAD ($430,409 CAD/Unit) 2.25% Cap Rate Scottsdale, AZ 85251
INVESTMENT HIGHLIGHTS
- Corner Parcel!
- Below market rents!
- Low maintenance landscape!
EXECUTIVE SUMMARY
Investor Opportunity in a prime location! Fully occupied 4-plex in a high-demand area near Old Town Scottsdale. All two bedroom units. Each unit rented at $1,250/month Starting 8/1 - well below market average and presenting the strong upside potential. Fresh exterior paint and all A/C units replaced a few months ago. Ideal for investors looking to renovate and increase cash flow. With no HOA and low-maintenance setup (no carports or garages), this is an excellent value-add opportunity for 1031 exchange, portfolio expansion, or those seeking a foothold in Scottsdale's strong rental market.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,721,638 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $430,409 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 2.25% | Building Size | 1,956 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1956 |
| Zoning | R-7 | ||
| Price | $1,721,638 CAD |
| Price Per Unit | $430,409 CAD |
| Sale Type | Investment |
| Cap Rate | 2.25% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,956 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1956 |
| Zoning | R-7 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,722 CAD | 680 |
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 130-15-009 | Total Assessment | $30,336 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
130-15-009
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$30,336 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Scottsdale Four Plex | 3014 N 70th St
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