Listing MLS# 6851166 Tempe AZ Real Estate
Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Tempe AZ real estate, Stanley Plat - Tempe real estate for sale, Tempe, AZ homes for sale and Tempe real estate and Tempe homes.
Tempe, AZ 85281
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1960Year Built
- 0.00Acres
- 65 yearsEst Age
- MLS# 6851166
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market5 months, 20 days
- AreaMaricopa
- CountyMaricopa
- Subdivision Stanley Plat
Overview
This ''ASU OZ 15'' is located in an ''A'' location on the doorstep to ASU, the 5th largest U in the US. Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. R-4. Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add. Package includes: 1424, 1428, 1432, 1440 & 1446 S Stanley Pl. All 1 bed units are 506-525 sf , except 1432 (2450 sf 5 bed house). 9759 total sf. Assemblage price-$3,425,000. Or sold individually: 1424 & 1428 S Stanley: 4's. $775,000/4 or $1,550,000. 1432 S Stanley: $700,000. Huge 2450 sf 5 bed house w/ pool. Separately owned sf at 1436. Then 1440, 1442, 1444, 1446 A, B, C Stanley: 6 unit. $1,175,000. Close to a 7 CAP historical income performance.
Agriculture / Farm
Horse: No
Association Fees / Info
Community Features: Other, See Remarks, Barbecue, Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Painted, Block
Roof: Other, Composition
Exterior Features
Pool Private: No
Financial
Owner Pays: Trash Collection,Water,Sewer,Landscaping
Gross Income: 266750
Insurance Expense: 5400
Maintenance Expense: 4800
Garage / Parking
Parking Features: Paved, 1 Space/Unit
Garage: No
Attached Garage: No
Interior Features
Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
Appliances: Built-In Range, Free-Standing Range, Refrigerator
Fireplace: No
Lot Info
Lot Size: 32,500
Number of Buildings: 5
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: Multi
Property Attached: No
Tax Info
Tax Legal Description: LOT 14 STANLEY PLAT MCR 005617
Unit Info
Total Units: 15
Utilities / Hvac
Water Source: City Franchise
Electric: SRP, Individual Meter
Cooling: Yes
Cool System: Window/Wall Unit, Electric
Heating: Other, See Remarks, Window/Wall Unit(s)
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Water Front: No
Directions
On a dead end street. Rural to Spence to Stanley.
Listings courtesy of Better Homes & Gardens Real Estate Sj Fowler
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