141 W 9th Street, Tempe, AZ 85281
- $1,500,000
- List Price
- $1,500,000
- Status
- ACTIVE
- Days on Market
- 46
- MLS#
- 6423390
- City
- Tempe
- Lot Size
- 3
- Year Built
- 1921
Property Description
Location, location Location! This prime property is walking distance to ASU, Gammage & downtown Tempe! Excellent value add opportunity or redevelopment opportunity as you can't beat this popular location! OR live in the large main home & then have the rent from the other 3 units help pay your mortgage! This classic property, which may be eligible to be on the city's historic property registry, consists of 4 units total with 2 separate buildings: One 3 bed 2 bath home with 2 car garage with a 1 bed 1 bath unit above the garage, plus a 2 bed 2 bath home with a studio unit on the back side. The adjacent property lot at 905 S Ash Ave is also available & may be sold together or separately. If purchased together, that would make 7 units total between the two properties!
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Additional Information
- Gross Annual Sch Inc
- 71748
- Adjusted Gross Inc
- 68160
- Taxes
- $4,238
- Annual Ins Exp
- 3200
- Annual Mgmt Exp
- 5432
- Annual Maint Exp
- 5000
- Annual Elec Exp
- 5086
- Annual Gas Exp
- 1244
- Annual Water Sewer Exp
- 2950
- Annual Landscape Exp
- 1680
- Annual Other Exp
- 1500
- Operating Exp
- 30330
- Net Operating Income
- $37,830
- Units
- 4
- Project Type
- Four Plex
- Construction
- Block
- Roofing
- Comp Shingle
- Parking
- Garage, Street Parking
- Cooling
- Central A/C
- Heating
- Electric
- Floors
- Carpet, Wood
- Interior Amenities
- Fire/Smoke Alarm(s), Unfurnished
- Exterior Amenities
- Green Landscaping, Patio/Balcony
- Zoning
- R3
- Subdivision
- Gage Add 22, 27
- Community Amenities
- No Pool
- Electric
- SRP
- Gas
- SW Gas
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- None, Other (See Remarks)
- New Financing
- Conventional, Seller May Carry
- Elementary School
- Tavan Elementary School
- High School
- Tempe High School
- School District
- 003 - Tempe School District
Mortgage Calculator
Listing courtesy of Rosenbaum Realty 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.