1019 E Tempe Drive, Tempe, AZ 85281
- $1,600,000
- List Price
- $1,600,000
- Status
- ACTIVE
- Price Change
- ▼ $49,000 1682461359
- Days on Market
- 383
- MLS#
- 6396943
- City
- Tempe
- Year Built
- 1955
Property Description
''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. 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/ Nest thermostats. 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.
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Additional Information
- Gross Annual Sch Inc
- 151597
- Adjusted Gross Inc
- 151597
- Taxes
- $2,021
- Annual Ins Exp
- 2342
- Annual Mgmt Exp
- 32150
- Annual Elec Exp
- 6714
- Annual Gas Exp
- 1268
- Annual Water Sewer Exp
- 1628
- Annual Landscape Exp
- 500
- Annual Other Exp
- 2342
- Annual Replacement Rsrvs
- 300
- Operating Exp
- 49266
- Net Operating Income
- $102,330
- Units
- 6
- Project Type
- 5 - 12 Units
- Construction
- Block
- Roofing
- Rolled
- Parking
- 1 Space/Unit, Street Parking
- Cooling
- 2 or More Units, Ceiling Fan(s), Central A/C, Electric, Individual
- Heating
- 2 or More Units, Electric, Natural Gas, Other, See Remarks
- Floors
- Concrete
- Interior Amenities
- Breakfast Bar, Fire/Smoke Alarm(s), Furnished, Mini Blinds
- Exterior Amenities
- Green Landscaping, Partially Fenced
- Zoning
- R-2
- Subdivision
- North Tempe
- Community Amenities
- Barbecue, Golf/Putting Green, Heated Spa(s), No Pool, Other, Play Area
- Electric
- APS, Individual Meter
- Gas
- Master Meter, SW Gas
- Water
- City Franchise, Master Meter
- Sewer
- Sewer - Public
- Tenant Pays
- None
- New Financing
- 1031 Exchange, Conventional
- School District
- Tempe Union High School District
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Listing courtesy of HomeSmart.
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