Scottsdale Rent then Flip with MASSIVE SPREAD

Maricopa County, Scottsdale, AZ, 85251
Sold
Listed at: October 18th, 2021
Price
$483,000
ARV
$650,000
Gross Margin
$167,000
Sq. Footage
1544
Type
Single-Family
Parking
Driveway
Year build
1961
Lot size
9862.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

3/2 single family home with a great layout! Wildly discounted for the area. Features a long drive with a gated entrance perfect for storing a 5th wheel or boat.


ARV: $650K+

Comps as high as $725K in same neighborhood!!


Seller has one year lease and option to buy back the home within a year of the COE at appraised value. Rents will be prepaid for the year out of the proceeds of the sale at $1400/mo ($16,800 total prepaid).


Buyer will have to sit on this one for a year or be creative in evicting. Sellers are not in a position to buy back the home as one is unemployed and the other a cashier at a gas station.


COE is ASAP!


Photos: https://www.dropbox.com/sh/tw3mdm2z8nnvld3/AAD_QIIFzZaa91obXJvj1T3Oa?dl=0

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Getsemani

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