Listing MLS# 6855620 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.

$1,175,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,175,000 No Recent Price Change
1440 S Stanley Place
Tempe, AZ 85281
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1960Year Built
  • 0.00Acres
  • 65 yearsEst Age
  • MLS# 6855620
  • Multifamily
  • Multiple Dwellings
  • Active

  • Approx Time on Market5 months, 22 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Stanley Plat

Overview

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas. Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Close to a 7 CAP historical income performance.



Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  Other, See Remarks

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Painted, Block

Roof:  Composition

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Trash Collection,Water,Cable TV,Landscaping

Gross Income:  97454

Insurance Expense:  1800

Maintenance Expense:  1900

Garage / Parking

Parking Features:  Free, >1 Space Per Unit

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Other, Concrete

Appliances:  Free-Standing Range, Refrigerator

Fireplace:  No

Lot Info

Lot Size:  10000 sf

Number of Buildings:  2

Other School Info

Property Info

Road Surface Type:  Asphalt, Dedicated Street, Sidewalk(s)

Zoning:  R4

Property Attached:  No

Tax Info

Tax Legal Description:  LOT 22 STANLEY PLAT MCR 005617

Tax Amount Annual:  2278

Unit Info

Total Units:  6

Utilities / Hvac

Water Source:  Master Meter, City Franchise

Electric:  SRP, Individual Meter

Cooling:  Yes

Cool System:  Window/Wall Unit

Heating:  Natural Gas, Floor Furnace, Wall Furnace

Heating:  Yes

Sewer:  Sewer-In & Connected, Public Sewer

Waterfront / Water

Water Front:  No

Directions

Cul-de-sac, enter from Apache.

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On barbarabakerrealty.com since Fri, Apr 11th 2025
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