1244 N Rose Street, Tempe, AZ 85288
- $1,550,000
- Sold Price
- $1,550,000
- List Price
- $1,599,000
- Status
- CLOSED
- Closing Date
- Apr 20, 2023
- Days on Market
- 93
- MLS#
- 6508373
- City
- Tempe
- Year Built
- 1969
Property Description
DEVELOPMENT OPPORTUNITY! Fully renovated 5 plex with great unit mix, large backyards and room to develop 2 additional large units per current zoning. Four 2 bed 1 bath units (two duplexes) and one 3 bed 2 bath SFR fully occupied grossing $8,240/mo. All units have beeb fully gutted inside and out and all systems replaced. 4 new HVAC units, all New Roofs, All new electrical panels, all new windows, and entire interiors. Over $600,000 spent on this property.
/u.realgeeks.media/capcorerealestate/header.png)
Additional Information
- Gross Annual Sch Inc
- 98880
- Adjusted Gross Inc
- 95913
- Taxes
- $2,880
- Annual Water Sewer Exp
- 1800
- Operating Exp
- 4680
- Net Operating Income
- $91,233
- Units
- 5
- Project Type
- 5 - 12 Units
- Construction
- Block
- Roofing
- Comp Shingle, Foam
- Parking
- >1 Space Per Unit
- Cooling
- 2 or More Units, Ceiling Fan(s), Central A/C
- Heating
- 2 or More Units, Central
- Floors
- Ceramic Tile, Vinyl
- Exterior Amenities
- Fenced
- Zoning
- R-2
- Subdivision
- North Tempe 2
- Community Amenities
- No Pool
- Electric
- SRP
- Gas
- City Gas
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Cable TV, Electric, Gas, Sewer, Trash, Water
- New Financing
- 1031 Exchange, Conventional, CTL, Trade, VA, Wraparound
- School District
- Tempe Union High School District
Mortgage Calculator
Listing courtesy of Keller Williams Realty Phoenix. Selling Office: Keller Williams Realty East Valley.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.