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$2,199,000
1019 E Tempe Dr, Tempe, AZ 85281
0 Beds
0 Baths
n/a SqFt

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''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. As a whole the entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ have Nest. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, appliances & hot tub convey in current condition.
  • Price:
  • $2,199,000
  • Year Built:
  • 1955
  • Listing ID #:
  • 6396943
  • Street Address:
  • 1019 E Tempe Dr
  • City:
  • Tempe
  • State:
  • Arizona
  • Postal Code:
  • 85281
  • County:
  • Maricopa
  • Subdivision:
  • North Tempe
  • Listing Status:
  • Active
  • Listing Type:
  • ResidentialMultiFamily
School District: 213 - Tempe Union High School District
  • Construction Description:
  • Block
  • Exterior Features:
  • Green Landscaping, Partially Fenced
  • Flooring:
  • Concrete
  • Interior Features:
  • Breakfast Bar, Fire/Smoke Alarm(s), Furnished, Mini Blinds
  • Number Of Units:
  • 6.00
  • Siding:
  • Painted, Stone
  • Type Of Roof:
  • Rolled
  • Year Built:
  • 1955
  • Adjusted Gross Income:
  • 185900.00
  • Annual Electric Expenses:
  • 3200.00
  • Annual Insurance Expenses:
  • 2000.00
  • Annual Landscape Expenses:
  • 500.00
  • Annual Maintenance Expenses:
  • 5000.00
  • Annual Trash Expenses:
  • 850.00
  • Annual Water/Sewer Expenses:
  • 850.00
  • Net Operating Income:
  • 140901.00
  • Operating Expense:
  • 14721.00
  • Conforms To Zoning:
  • R-2
  • Community Features:
  • Barbecue, Golf/Putting Green, Heated Spa(s), No Pool, Other, Play Area
  • Included In Sale:
  • Land & Building, Laundry Equipment, Other (see Remarks), Personal Property, Pool Equipment
  • Terms:
  • 1031 Exchange, Conventional
  • Owner Pays:
  • Cable Tv, Electric, Gas, Landscaping, Pool/Spa Maintenance, Sewer, Trash Collection, Water
  • Property Taxes:
  • $2,021
  • Parking Description:
  • 1 Space/Unit, Street Parking
  • Parking Spaces:
  • 6.00
  • Appliances:
  • Bi Oven/Range, Microwave, Refrigerator, Washer/Dryer
  • Cooling System:
  • 2 Or More Units, Ceiling Fan(s), Central A/C, Electric, Individual
  • Electricity:
  • Aps, Individual Meter
  • Existing Water:
  • City Franchise, Master Meter
  • Gas:
  • Master Meter, Sw Gas
  • Heating:
  • 2 Or More Units, Electric, Natural Gas, Other, See Remarks
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Homesmart
  • ARMLS

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