522 W 9th Street, Tempe, AZ 85281

$1,100,000
List Price
$1,100,000
Status
ACTIVE
Days on Market
13
MLS#
6531483
City
Tempe
Lot Size
2
Year Built
1950

Property Description

Two amazing homes on one parcel. with two addresses! One complete remodel and the other a new build. Great rental income with easy or almost no maintenance. Also easy to live in one and rent the other! Perfect location near ASU, freeways, restaurants, Owners had great income with yearly lease, but could net more as a short term rental.Main home (522 W 9th St) is 3 bed/2bath 1167 sf was completely remodeled with permits. Second home on same parcel was built in 2021 with permits and is a 2Bed/2bath with option to make it a 3 bed/3 bath. Nothing was left out.... even electric car chargers at both homes! See document page for all the upgrades and remodeling. No expense was spared to make this a one of a kind property!PLEASE DO NOT DISTURB TENANTS.

Additional Information

Gross Annual Sch Inc
64800
Other Income
3000
Adjusted Gross Inc
67800
Taxes
$2,844
Annual Ins Exp
1127
Annual Gas Exp
156
Annual Water Sewer Exp
1720
Annual Landscape Exp
1440
Operating Exp
7287
Net Operating Income
$56,128
Units
2
Project Type
Other (See Remarks)
Construction
Block, Frame - Wood
Roofing
Comp Shingle
Parking
>1 Space Per Unit, Add'l Parking Avail, Attached, Carport, Free, Garage, Paved Parking, Street Parking
Cooling
2 or More Units, Ceiling Fan(s), Central A/C, Electric, Heat Pump, Individual
Heating
2 or More Units, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Individual, Natural Gas
Floors
Ceramic Tile, Vinyl
Interior Amenities
Fire/Smoke Alarm(s), Mini Blinds, Security Alarm(s)
Exterior Amenities
Cable TV Available, Fenced, Green Landscaping, Landscape Wtr System, Patio/Balcony, Security Light(s)
Zoning
R-2
Subdivision
Mitchell Sub
Community Amenities
Other
Electric
APS, Individual Meter
Gas
Individual Meter, SW Gas
Water
City Franchise, Master Meter
Sewer
Sewer - Public, Sewer-In & Connected
Tenant Pays
Electric
New Financing
1031 Exchange, Conventional, No Carry, VA
Elementary School
Holdeman Elementary School
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School
School District
Tempe Union High School District

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Listing courtesy of West USA Realty.

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