Listing ID6293018
Sold For$459,900
StatusClosed
Sold Date2/15/2022
CountyMaricopa
SubdivisionNORTH TEMPE
Year Built1963
Property TypeMultiple Dwellings
Excellent location. Close to schools, shopping and freeway access. Units show as 1006 and 1008. One unit is a 2+1 and the other unit is also a 2+1 but a wall was taken down because the tenant only need 1 bedroom. Can easily be converted back. Many upgrades and solid tenants with leases in place!
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
NORTH TEMPE
Year Built
1963
Zoning
[R-2] Multi-Fam
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
774
Cooling
Central A/C, Electric, Ceiling Fan(s)
Cooling
yes
Heating
Central, Electric
Heating
yes
Community Features
No Pool
Country
US
Elementary School
Cecil Shamley School
Elementary School District
Tempe Elementary School District
General Property Description Elementary School
Cecil Shamley School
General Property Description Elementary School District2
Tempe Elementary School District
General Property Description High School
McClintock High School
General Property Description High School District
Tempe Union High School District
General Property Description Jr High School
McKemy Middle School
High School
McClintock High School
High School District
Tempe Union High School District
Middle Or Junior School
McKemy Middle School
Postal City
Tempe
Township
1N
Water Source
City Franchise
Attached Garage
no
Construction Materials
Painted, Stucco, Block
Electric
APS
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
7,614
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
4
Lot Size Dimensions
7,614
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
4
Parking Features
RV/Boat Parking, Add'l Parking Avail
Parking Total
4
Road Surface Type
Asphalt
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Mls Status
Closed
Public Survey Range
4E
Public Survey Section
11
2 Bedroom Units Avg Rent
725
Cap Rate
0.31
Current Financing
Not Applicable
Disclosures
Seller Prop Disc Stm
Gardener Expense
100
Gross Income
19200
Gross Scheduled Income
19200
Listing Terms
No Carry, Conventional, FHA, VA Loan
Maintenance Expense
1200
Net Operating Income
1425
Operating Expense
2649.42
Owner Pays
None
Tax Annual Amount
1349.42
Tax Block
1100
Tax Book Number
132.00
Tax Lot
147
Tax Year
2021
Tenant Pays
Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
Contact - Listing ID 6293018
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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