Scottsdale, AZ 85257,7602 E POLK Street
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Scottsdale, AZ 85257,7602 E POLK Street
Scottsdale, AZ 85257,7602 E POLK Street
Scottsdale, AZ 85257,7602 E POLK Street
Scottsdale, AZ 85257,7602 E POLK Street
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$ 2,345,000
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7602 E POLK Street Scottsdale, AZ 85257


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6849696

Maintenance Fees $1,500

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1986

Annual Tax Amount $1,567

Tax Year 2023

Lot Dimensions irr

Property Description

Discover Ethos on Polk, a fully remodeled six-unit multifamily investment located just minutes from the heart of Old Town Scottsdale. This turn-key asset offers exceptional tenant appeal, stable income, and long-term upside in one of the Valley's most sought-after rental markets.

With four spacious 2-bed/1-bath units and two modern 1-bed/1-bath units, each residence includes its own private patio, dedicated storage room, and in-unit stackable washer and dryer—a rare combination for the area.

🏘️ Future Growth Alert: A brand-new townhome development is currently under construction directly behind Ethos on Polk, enhancing neighborhood appeal and boosting long-term property value.

Property Highlights
✔ Fully Remodeled - Smooth stucco, tile backsplashes, and dual Discover Ethos on Polk, a fully remodeled six-unit multifamily investment located just minutes from the heart of Old Town Scottsdale. This turn-key asset offers exceptional tenant appeal, stable income, and long-term upside in one of the Valley's most sought-after rental markets.

With four spacious 2-bed/1-bath units and two modern 1-bed/1-bath units, each residence includes its own private patio, dedicated storage room, and in-unit stackable washer and dryera rare combination for the area.


Property Highlights
 Fully Remodeled - Smooth stucco, tile backsplashes, and dual-pane windows
 Six Total Units - (4) 2BR/1BA and (2) 1BR/1BA layouts
 Private Patios & Storage for Each Unit
 In-Unit Laundry - New Stackable Washers/Dryers
 Excellent Zoning - R-5 Multifamily Residential
 Lot Size: 11,021 SF | Building: 4,140 SF
 Prime Location - Minutes from Old Town, Tempe, and major employers
 Surrounded by Development - New townhomes being built behind the property
 Parcel: 131-15-001-Y
 Scottsdale 85257 - One of the Valley's top-performing rental submarkets

This property is highly regarded by neighbors and known as the "new building on the block" due to its extensive modern upgrades. The property offers a rare combination of style, stability, and future upside.

=Ì Buyer to verify all facts and figures.
**Discover South Scottsdale: Where Lifestyle Meets Opportunity**

South Scottsdale is more than a locationit's a dynamic blend of culture, convenience, and growth. Whether you're drawn to the bustling nightlife of Old Town, the excitement of spring training baseball, or the innovation hub at SkySong, this area offers something for everyone.

**Old Town Scottsdale**: Experience the heart of the city where history meets contemporary flair. Old Town Scottsdale is renowned for its vibrant arts scene, upscale dining, and eclectic shopping boutiques. From art galleries to lively entertainment, every corner invites exploration and indulgence.

**Spring Training Baseball**: Home to some of MLB's most exciting preseason action, South Scottsdale welcomes baseball enthusiasts each spring. Catch your favorite teams in action at nearby stadiums, soaking in the sun and the thrill of America's favorite pastime.

**SkySong Innovation Center**: Positioned as a catalyst for innovation and entrepreneurship, SkySong fuels South Scottsdale's economic engine. This cutting-edge campus hosts leading companies and startups alike, fostering collaboration and growth in tech and business sectors.

**Access and Connectivity**: South Scottsdale's proximity to the Loop 101 freeway ensures seamless connectivity to the entire Phoenix metropolitan area. Whether commuting to work or exploring nearby attractions, easy access enhances convenience and mobility.

**Employment Hub**: Anchored by SkySong and supported by a diverse array of industries, South Scottsdale boasts a robust employment base. From corporate headquarters to local businesses, opportunities abound for professionals seeking a thriving career landscape.

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Experience the essence of South Scottsdalea vibrant community where lifestyle meets opportunity. Whether you're looking to invest, relocate, or enjoy the best of Arizona living, South Scottsdale stands ready to welcome you.

Location

State AZ

County Maricopa

Zoning [R-5]

Direction South on Miller to Polk. Property is on the north east corner

Interior

Heating Individual, Heat Pump, Electric

Cooling Ceiling Fan(s), Heat Pump, Individual

Flooring Vinyl

Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Paved, Free, >1 Space Per Unit

Community Features No Pool

Roof Type Foam

Total Parking Spaces 10

Building

Sewer Sewer-In & Connected, Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

School District Scottsdale Unified District

Others

Senior Community No

Tax ID 131-15-001-Y

Acceptable Financing No Carry, Conventional

Listing Terms No Carry, Conventional

Virtual Tour https://tours.arizonarealtours.com/2084462?idx=1


Arizona Regional MLS (ARMLS)
Listed by Gerchick Real Estate
agent

Stephanie Tarr

Agent | BRE#: SA555726000

+1(480) 612-3553

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7602 E POLK Street