$905,000
$975,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/10/2021
Key Details
Sold Price $905,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mariana Park 2
MLS Listing ID 6299497
Sold Date 12/10/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $1,127
Tax Year 2021
Lot Dimensions 118*66
Property Description
HIGHLY sought ASU location. Walking distance and fully renovated units with inside washer and dryers. New fully renovated electric, new plumbing, new roof, new windows, new everything. This magnificent brick building is in perfect condition, 100% occupancy with low maintenance tenants, low expenses, and well kept grounds. This property is currently rented for $961 per unit with terms ending between May and June next year. No HOA, walking distance to light rail, and proforma rentals between to $1600 to $2200 student housing units. Perfect opportunity for the savvy investor. Don't miss this one! Low maintenance with two gorgeous palm trees at the front. No large messy trees that compromise your new roof.
Location
State AZ
County Maricopa
Community Mariana Park 2
Zoning MH
Direction From University Drive. South on Dorsey Ln, West on Orange St, South on Mariana St
Interior
Heating Electric
Cooling Individual, Wall/Window Unit(s)
Flooring Wood
Appliance Disposal, FS OvenRange, Refrigerator, Microwave, BI OvenRange, WasherDryer
Exterior
Community Features Other, See Remarks, No Pool
Roof Type Rolled/Hot Mop
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Broadmor Elementary School
High Schools Mcclintock High School
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-73-170
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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