x
Address
1217 W Southern Avenue Tempe, AZ
Price
$ 850,000
Property Attributes
  • MLS#5911649
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodWestway Park
  • Zip85282
  • Style
  • Year Built1970
  • Taxes2270
  • Price$ 850,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3000
Listing Provided Courtesy Of:
RE/MAX Excalibur
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. Rents are 1 year leases ranging from $1000 for the older leases to $1180 for the newer lease

Price History
4/15/2019 Listed $850,000
7/11/2019 6% - $799,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1100.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Features No Pool
Listing Status Active
Map Code/Grid R36
Net Income 38000.00
New Financing FHA, Conventional, 1031 Exchange
Owner Pays Water, Sewer, Trash, Landscaping
Property Type F
Public Remarks 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
School District 003 - Tempe School District
Subdivision WESTWAY PARK
Tenant Pays Electric, Cable TV
Year Built 1970
Zoning R-3R

Interior Features

2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 750
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Other (See Remarks)
Cooling Electric Refrigeratd, Individual
Electric SRP
Floors Ceramic Tile
Gas None
Heating Electric, Ceiling Fan(s)
Interior Features Unfurnished, Fire/Smoke Alarm(s)
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 6.00
Exterior Features Fenced, Partially Fenced, Cable TV Available, Patio/Balcony, Separate Storage
Lot Size Dimensions 9, 275
Parking Assigned
Roof Built-Up, Rolled
Sewer Sewer - Public
Total Parking Spcs 8.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85282

Price
AVG $2.2M
$850K
Taxes
AVG $8,704
$2,270
Visits
AVG 65
43
Year Built
AVG 1977
1970

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