1226 W 5th Street, Tempe, AZ 85281

$899,000
List Price
$899,000
Status
PENDING
Price Change
▼ $100,000 1655337643
Days on Market
84
MLS#
6401121
City
Tempe
Lot Size
2
Year Built
1960

Property Description

LOCATION LOCATION LOCATION!!!! YOU WONT WANT TO MISS THIS AMAZING CASH FLOW OPPORTUNITY LOCATED CLOSE TO ALL RESTAURANTS, BARS, OFFICES MAJOR FWYS AND ASU. ALL UNITS HAVE BEEN COMPLETELY RENOVATED WITH DESIGNER TOUCHES THROUGHOUT. BRAND NEW ROOF, NEW DUAL PANED WINDOWS, FRESH INTERIOR & EXTERIOR PAINT, LED LIGHTING THROUGHOUT, BATHROOMS AND KITCHENS WITH SHAKER CABINETRY AND QUARTZ COUNTERTOPS. STAINLESS STEEL APPLIANCES, PORCELAIN FLOORING, 5 1/4'' BASEBOARDS, NEW INTERIOR SHAKER PANEL DOORS. THIS PROPERTY IS READY TO GO WITH ALL NEW LEASES IN PLACE. EACH UNIT HAS ITS OWN ELECTRIC METER. UNIT 1228 LEASED FOR $2350 PER MONTH AND PAYS OWN UTILITIES, UNIT 1226 RENTED FOR $1560 PER MONTH PAYS OWN UTILITIES, STUDIO UNIT IN BACK RENTED $1200 LANDLORD PAYS ALL UTILITIES.

Additional Information

Gross Annual Sch Inc
61560
Adjusted Gross Inc
61560
Taxes
$1,712
Operating Exp
1712
Net Operating Income
$61,560
Units
3
Project Type
Tri-Plex
Construction
Block
Roofing
Comp Shingle
Parking
Carport, Street Parking
Cooling
Ceiling Fan(s), Central A/C
Heating
Central
Floors
Other
Interior Amenities
Fire/Smoke Alarm(s), Unfurnished
Zoning
multi family
Subdivision
Pecan Grove Estates
Community Amenities
No Pool
Electric
SRP
Gas
SW Gas
Water
Individual Meter
Sewer
Sewer - Public
Tenant Pays
Electric, Gas, Water
New Financing
1031 Exchange, Conventional
Elementary School
Scales Technology Academy
Middle School
Gililland Middle School
High School
Tempe High School
School District
213 - Tempe Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.