$361,100
Scottsdale, AZ 85254
MLS# 6991826
2 beds | 2 baths
1 / 47
Property Description
Investment Opportunity in Bella Terra - Tenant Occupied through Feb 2027 Discover a turnkey investment in the highly sought-after Bella Terra Condominiums. This desirable Palermo model offers a spacious 1,076 sq. ft. layout featuring 2 bedrooms and 2 full bathrooms, perfectly positioned in a prime Scottsdale location. This unit is a proven income producer, sold with a reliable tenant already in place through February 2027, providing immediate and stable cash flow for the savvy investor.
Details
Maps
Contract Information
List Price: $361,100
Status: Active
Current Price: $361,100
List Date: 2026-03-02
Type: Exclusive Agency
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 5335
Compass: E
Street Name: SHEA
St Suffix: Boulevard
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85254
Zip4: 5735
County Code: Maricopa
Assessor Number: 168-05-536
Subdivision: BELLA TERRA CONDOMINIUMS
Tax Year: 2025
General Property Description
Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: 2
# of Interior Levels: 1
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1076
Price/SqFt: 335.59
Horses: N
Model: Palermo
Builder Name: unknown
Year Built: 1993
Approx Lot SqFt: 1070
Approx Lot Acres: 0.025
Flood Zone: No
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Planned Comm Name: Bella Terra Condominiums
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Cherokee Elementary School
Jr. High School: Cocopah Middle School
High School: Chaparral High School
Remarks Misc
Cross Street: Shea & 56th Street
Directions: Bella Terra Condominiums between 52nd St and 56th St on the south side of Shea Blvd.
Geo Lat: 33.580522
Geo Lon: -111.966269
Legal Info
Township: 3N
Range: 4E
Section: 29
Lot Number: 2060
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 1
Total Covered Spaces: 1
Showing Notification Methods
Showing Service: No Showing Service Used
Contact Info
List Agent Home Phn: 480-515-0600
Property Features
Special Listing Cond: N/A
View: Mountain(s)
Master Bathroom: Full Bth Master Bdrm
Master Bedroom: Split
Flooring: Carpet; Tile
Community Pool Features: Cabana; Fenced; Outdoor; Play Pool
Spa: None
Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Spa; Community Spa Htd; Near Bus Stop; Workout Facility
Dining Area: Dining in LR/GR
Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters
Laundry: Washer Included; Dryer Included
Other Rooms: Great Room
Interior Features: 9+ Flat Ceilings
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Balcony
Parking Features: Assigned Parking
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Property Description: Borders Preserve/Public Land
Landscaping: Desert Front; Desert Back; Grass Front
Showing Notification Methods: Phone Call
Lockbox Type: See Private Remarks
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Agency Discl Req
Supplements
Property Highlights:
Interior Features: Functional split-floor plan with an inviting fireplace in the living area and a well-appointed kitchen.
Community Amenities: Residents enjoy access to premium community facilities including a sparkling pool, spa, and fitness center.
Prime Location: Ideally situated on Shea Blvd between 52nd and 56th Street. You are minutes away from top-tier shopping, dining, and the Scottsdale Unified School District (Cherokee Elementary, Cocopah Middle, and Chaparral High).
Recent Data: 2025 taxes were $1,293, and the unit is well-maintained within a professionally managed community.
Whether you are looking to expand your portfolio or secure a future residence in a high-demand zip code, this condo offers both stability and long-term appreciation potential.
Listing Office: Ironwood Fine Properties
Last Updated: March - 02 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Broker Attribution:
623-640-7683