$1,550,000
$1,599,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/20/2023
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Tempe 2
MLS Listing ID 6508373
Sold Date 04/20/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1969
Annual Tax Amount $2,880
Tax Year 2022
Lot Dimensions TBD
Property Description
DEVELOPMENT OPPORTUNITY! Fully renovated 5 plex with great unit mix, large backyards and room to develop 2 additional large units per current zoning. Four 2 bed 1 bath units (two duplexes) and one 3 bed 2 bath SFR fully occupied grossing $8,240/mo. All units have beeb fully gutted inside and out and all systems replaced. 4 new HVAC units, all New Roofs, All new electrical panels, all new windows, and entire interiors. Over $600,000 spent on this property.
Location
State AZ
County Maricopa
Community North Tempe 2
Zoning R-2
Direction Heading South on Scottsdale Road, Turn left onto Weber Dr, then take a Right onto Scovel St. Take first right onto Harry and the property is on the corner
Interior
Heating Central, 2 or More Units
Cooling 2 or More Units, Central A/C, Ceiling Fan(s)
Appliance Disposal, Refrigerator, Microwave, BI OvenRange, WasherDryer
Exterior
Garage >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition,Foam
Parking Type >1 Space Per Unit
Total Parking Spaces 15
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-13-051-A
Acceptable Financing CTL, Conventional, 1031 Exchange, VA Loan, Wraparound, Trade
Listing Terms CTL, Conventional, 1031 Exchange, VA Loan, Wraparound, Trade
Financing Cash
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Bought with Keller Williams Realty East Valley
20860 N. Tatum Blvd. Ste. 275, Phoenix, AZ, 85050, United States