This spacious 1950s Scottsdale ranch is listed for $205,900. Its previous owner paid $265,000 less than two years ago (10/6/2006), and Zillow.com estimates that its current value is $222,000.Although it is a bit dated and could stand some cosmetic improvements, this house could be occupied in its current condition. A 4-bedroom house like this could rent for $1,200 to $1,500 per month, which would allow an investor to cover his or her expenses, and possibly even generate a little positive cash flow. This REO could also be a good chance for an owner-occupant to snag a house with a monthly outlay that is less than the rent for a comparable house. Because it does not need any immediate renovation work, this house offers a good opportunity for someone who wants to improve, update, and renovate piecemeal as budgets allow over time.
The basics...
Address: 2617 N 71st Place, Scottsdale, AZ 85257
Current Listing Price: $205,900
PREVIOUS Sale Price: $265,000 (10/6/2006)
Size: 4 Bedrooms, 2 Bathrooms; 1,573 square feet
Lot: .14 acres
http://www.realtor.com/realestate/scottsdale-az-85257-1102127963/
1 comment:
The pictures are so clear and more enough to describe the information about this place.
Southeast Arizona Ranches for sale
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