1217 W Southern Avenue

    Tempe, AZ 85282
    • $850,000
    • STATUS: Active
    • ON SITE: 2 days
    • MLS #: 5911649
    New On Site 2 Days Ago
    UPDATED: 17 min ago
    $850,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Absolutely gorgeous and nicely remodeled 4plex with track record and great tenants. Always rented and increasing rents. Unique opportunity in the sought after and hard to find Tempe market, only minutes from Arizona State University. Leased laundry equipment for ease and extra income.

    Monthly Payment Calculator



    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than RE/MAX Excalibur. Data last updated 2019-04-18T20:11:48.223.
    www.myhasslefreelistings.com/homes/93717965

    1217 W Southern Avenue Tempe, AZ 85282

    • Price: $850,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 5911649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1970
    Built
    Neighborhood:
    Westway Park
    County:
    Maricopa
    Area:
    Tempe
    School District:
    003 - Tempe School District
    Property Description
    Absolutely gorgeous and nicely remodeled 4plex with track record and great tenants. Always rented and increasing rents. Unique opportunity in the sought after and hard to find Tempe market, only minutes from Arizona State University. Leased laundry equipment for ease and extra income.
    Exterior Features

    Construction BlockFrame - Wood Construction Finish Painted Covered Parking Spaces 6.00 Exterior Amenities FencedSeparate StoragePatio/BalconyCable Tv AvailablePartially Fenced Lot Size Dimensions 9275 Parking Assigned Roads Asphalt/Blacktop Roofing Built-UpRolled Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 750 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeOther (See Remarks)MicrowaveDisposalDishwasherRefrigerator Cooling Electric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating ElectricCeiling Fan(S) Interior Amenities UnfurnishedFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1000.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 47310.00 Annual Elec Exp 896.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 160.00 Annual Legal And Acctg 0.00 Annual Maint Exp 3663.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2400.00 Community Amenities No Pool Cross Street Southern & Priest Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 49200.00 Hoa YN No Net Operating Income 38000.00 New Financing Fha1031 ExchangeConventional Operating Exp 10589.00 Other Income 600.00 Owner Pays WaterLandscapingTrashSewer Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Tempe Taxes 2270.00 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 4100.00 Vacancy Allowance 0.05 Water City Franchise Zoning R-3R

    Listing courtesy of Re/Max Excalibur.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than RE/MAX Excalibur. Data last updated 2019-04-18T20:11:48.223.
     
    RE/MAX Excalibur
    8510 E. Shea Blvd, Suite 100
    Scottsdale AZ, 85260