Four on 66th Street | 3219 66Th
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Four on 66th Street 3219 66Th
4 Unit Block of Flats £1,418,068 (£354,517/Unit) 5.20% Net Initial Yield Scottsdale, AZ 85251
Executive Summary
Four on 66th Street a fully remolded 4 plex in the heart of Scottsdale. Two 2 bedroom 2 bath units, one 1 bedroom with den and 1 one bedroom 1 bath. All units share a large court yard perfect for an Airbnb rental or vacation rental. Property is fully vacant and ready for a business owner to start making money. Building has new paint stained concert floors updated kitchens and bathrooms. Washer and dryers added to all units. All facts and figures are approximate buyer verify MLS information.
Financial Summary (Pro forma - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£91,009
|
£28.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
£4,550
|
£1.42
|
| Effective Gross Income |
£86,459
|
£26.98
|
| Taxes |
£1,356
|
£0.42
|
| Operating Expenses |
£11,297
|
£3.53
|
| Total Expenses |
£12,654
|
£3.95
|
| Net Operating Income |
£73,805
|
£23.04
|
Financial Summary (Pro forma - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £91,009 |
| Annual Per SF | £28.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | £4,550 |
| Annual Per SF | £1.42 |
| Effective Gross Income | |
|---|---|
| Annual | £86,459 |
| Annual Per SF | £26.98 |
| Taxes | |
|---|---|
| Annual | £1,356 |
| Annual Per SF | £0.42 |
| Operating Expenses | |
|---|---|
| Annual | £11,297 |
| Annual Per SF | £3.53 |
| Total Expenses | |
|---|---|
| Annual | £12,654 |
| Annual Per SF | £3.95 |
| Net Operating Income | |
|---|---|
| Annual | £73,805 |
| Annual Per SF | £23.04 |
Property Facts
| Price | £1,418,068 | Apartment Style | Garden |
| Price Per Unit | £354,517 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 3,204 SF |
| Net Initial Yield | 5.20% | Number of Floors | 1 |
| No. Units | 4 | Year Built/Renovated | 1968/2023 |
| Property Type | Residential | Parking Ratio | 1.87/1,000 SF |
| Property Subtype | Apartment |
| Price | £1,418,068 |
| Price Per Unit | £354,517 |
| Sale Type | Investment |
| Net Initial Yield | 5.20% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.18 AC |
| Building Size | 3,204 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1968/2023 |
| Parking Ratio | 1.87/1,000 SF |
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 2 | £1,738 | 526 |
| 2+2 | 2 | £1,896 | 915 |
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Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 130-47-015 | Total Assessment | £20,856 (2025) |
| Land Assessment | £0 (2025) | Annual Taxes | £1,356 (£0.42/sf) |
| Improvements Assessment | £0 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
130-47-015
Land Assessment
£0 (2025)
Improvements Assessment
£0 (2025)
Total Assessment
£20,856 (2025)
Annual Taxes
£1,356 (£0.42/sf)
Tax Year
2023
-
Sophia Willets -
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Four on 66th Street | 3219 66Th
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