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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
Year Built 1969
Annual Tax Amount $2,880
Tax Year 2022
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
Interior
Heating Central, 2 or More Units
Cooling 2 or More Units, Central A/C, Ceiling Fan(s)
Exterior
Garage >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition,Foam
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Tempe Union High School District
Others
Acceptable Financing CTL, Conventional, 1031 Exchange, VA Loan, Wraparound, Trade
Listing Terms CTL, Conventional, 1031 Exchange, VA Loan, Wraparound, Trade
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Bought with Keller Williams Realty East Valley