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Listing 3 out of 39
$850,000 For Sale

1217 Southern Avenue
Tempe, AZ 85282

4 units | Multi Family Home - MLS# 5911649
Property Photo
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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

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Maricopa County
  • Zip Code: 85282
  • Year Built: 1970
  • Subdivision/Neighborhood: Westway Park
  • School District: 003 - Tempe School District
  • Units: 4 units
  • # of Parking Spaces: 8
  • Zoning: R-3R
  • 2 Bedroom Units: # 2 Bedroom Units: 4
  • 2 Bedroom Units: # Baths: 1
  • 2 Bedroom Units: Avg Rent: 1100.00
  • 2 Bedroom Units: Avg SqFt: 750
  • Appliances Included: F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Other (See Remarks)
  • Complex Features: No Pool
  • Const - Finish: Painted
  • Construction: Block, Frame - Wood
  • Cooling: Electric Refrigeratd, Individual
  • Covered Parking Spcs: 6.00
  • Electric: SRP
  • Exterior Features: Fenced, Partially Fenced, Cable TV Available, Patio/Balcony, Separate Storage
  • Floors: Ceramic Tile
  • Heating: Electric, Ceiling Fan(s)
  • High School Dist #: 213 - Tempe Union High School District
  • Interior Features: Unfurnished, Fire/Smoke Alarm(S)
  • Lot Dimensions: 9, 275
  • Marketing Name: Tempe Luxury 4plex
  • Net Income: 38000.00
  • Owner Pays: Water, Sewer, Trash, Landscaping
  • Parking: Assigned
  • Property Description: Four Plex
  • Roads/Streets: Asphalt/Blacktop
  • Roofing: Built-Up, Rolled
  • Sale Includes: Land & Building
  • Sewer: Sewer - Public
  • Tenant Pays: Electric, Cable TV
  • Water: City Franchise
Courtesy of RE/MAX Excalibur



Bob Nachman | 
480-314-1868 | Contact Me
8510 E. Shea Blvd., Suite 100 - Scottsdale, AZ 85260
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