Listing MLS# 6855520 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# 6855520
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market5 months, 24 days
- AreaMaricopa
- CountyMaricopa
- Subdivision Stanley Plat
Overview
Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. All 1 bedroom unit mix. Located in an opportunity zone with 1000's of new units in process. Now Vacant. Owner willing to deliver vacant or re-leased. Twin adjacent property is 1428 S Stanley (MLS 6855518). Sold together as eight units or buy the full package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. A 10% 2nd position carry or low LTV/market interest rate possible. Close to a 7 CAP historical income performance. Water meter shared with 1428 S Stanley. 1424 & 1428 S Stanley need to be sold together.
Agriculture / Farm
Horse: No
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Painted, Block
Roof: Composition
Exterior Features
Pool Private: No
Financial
Owner Pays: Trash Collection,Water,Sewer,Landscaping
Gross Income: 70837.2
Insurance Expense: 1300
Maintenance Expense: 1100
Garage / Parking
Parking Features: 1 Space/Unit
Garage: No
Attached Garage: No
Interior Features
Flooring: Carpet, Vinyl
Appliances: Free-Standing Range, Refrigerator
Fireplace: No
Lot Info
Lot Size: 7500 sf
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: R-4
Property Attached: No
Tax Info
Tax Legal Description: LOT 16 STANLEY PLAT MCR 005617
Tax Amount Annual: 1539
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: SRP, Individual Meter
Cooling: Yes
Cool System: Window/Wall Unit
Heating: Window/Wall Unit(s)
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Water Front: No
Directions
Cul-de-sac, enter from Apache.
Listings courtesy of Better Homes & Gardens Real Estate Sj Fowler
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