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1019 E Tempe Drive

Tempe, AZ 85281
  • $895,000
  • STATUS: Active
  • ON SITE: 127 days
  • MLS #: 6191254
UPDATED: 69 min ago
$895,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

School District:

Description

T EMPE D R I V E is a six-unit apartment communitylocated northeast of the intersection of Scottsdale and Curry Roads offering outstanding mobility throughout the city of Tempe's thriving economic and academic landscape with expanded reach to South Scottsdale and Mesa's growing accommodations. Located north of Tempe Town Lake, residents have access to one of Arizona's most diverse economic corridors featuring employers such as State Farm, Freedom Financial Network, JPMorgan Chase, Northern Trust, and ADP. Developed in 1955, the property featuresone-bedroom, one-bath floor plans averaging 448-square feet. Future ownership will have the opportunity to renovate all six unit interiors with in-suite laundry to realize a monthly premium of $100. See doc tab for rent analysis/projections

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Dave Fernandez Team | HomeSmart. Data last updated 2021-06-15T20:13:30.75.
www.davefernandez.net/homes/114030826
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1019 E Tempe Drive Tempe, AZ 85281

  • Price: $895,000
  • Status: Active
  • Updated: 69 min ago
  • MLS #: 6191254
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
North Tempe
County:
Maricopa
Area:
Tempe
School District:
003 - Tempe School District
Property Description
T EMPE D R I V E is a six-unit apartment communitylocated northeast of the intersection of Scottsdale and Curry Roads offering outstanding mobility throughout the city of Tempe's thriving economic and academic landscape with expanded reach to South Scottsdale and Mesa's growing accommodations. Located north of Tempe Town Lake, residents have access to one of Arizona's most diverse economic corridors featuring employers such as State Farm, Freedom Financial Network, JPMorgan Chase, Northern Trust, and ADP. Developed in 1955, the property featuresone-bedroom, one-bath floor plans averaging 448-square feet. Future ownership will have the opportunity to renovate all six unit interiors with in-suite laundry to realize a monthly premium of $100. See doc tab for rent analysis/projections
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingGreen Landscaping Lot Size Dimensions Irr Parking 1 Space/UnitCarportStreet Parking Roads Asphalt Roofing Rolled

Interior Features

1 Bedroom Unit Avg Sq Ft 448 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigerator Cooling 2 Or More UnitsCentral A/CElectric RefrigeratdEvaporativeIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileVinyl/Composition Heating 2 Or More UnitsElectricGasOther (See Remarks) Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 863.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 59280.00 Annual Elec Exp 1920.00 Annual Gas Exp 0.00 Annual Ins Exp 1634.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1200.00 Annual Legal And Acctg 1200.00 Annual Maint Exp 2250.00 Annual Mgmt Exp 2936.00 Annual Other Expense 1530.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 1500.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 600.00 Community Amenities No Pool Cross Street Scottsdale Road & Mckellips Road Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Master MeterSw Gas Gross Annual Sch Inc 61500.00 Hoa YN No Net Operating Income 40901.00 New Financing Conventional Operating Exp 17057.00 Other Income 900.00 Owner Pays GasSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Tempe Taxes 2287.00 Tenant Pays ElectricNone Vacancy Allowance 0.05 Water City FranchiseMaster Meter Zoning R-2

Listing courtesy of Corcoran Platinum Living.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Dave Fernandez Team | HomeSmart. Data last updated 2021-06-15T20:13:30.75.
 
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