515 W 2nd Street Unit E&D, Tempe, AZ 85281

$1,350,000
List Price
$1,350,000
Status
ACTIVE
Days on Market
13
MLS#
6716887
City
Tempe
Year Built
1955

Property Description

Welcome to Six on 5th! Prime Investment Opportunity Near ASU and Tempe Town Lake. Discover an unparalleled investment opportunity with Six on 5th, an ideally located property near Arizona State University and Tempe Town Lake. This unique offering includes two triplexes $675,000 per building .Which must be purchased together for a total sales price of $1,350,000. The properties are located at 515 W 2nd Parcel E and 515 W 2nd Parcel D. All six units are one-bedroom, one-bathroom, and most have been recently updated to enhance tenant comfort. Each unit features central air conditioning, ensuring a comfortable living environment year-round.

Additional Information

Taxes
$2,709
Net Operating Income
$59,948
Cap Rate
4.44
Units
6
Flooring
Carpet, Ceramic Tile, Concrete
Parking Features
Free, >1 Space Per Unit
Construction
Painted, Block
Roofing
Composition
Cooling
Central A/C
Heating
Electric
Zoning
Multi
Subdivision
State Plat No 12 Amd
Community Features
No Pool
Electric
APS, Individual Meter
Water
City Franchise
Sewer
Sewer-In & Connected
Tenant Pays
Gas, Electricity, Cable TV
New Financing
Conventional, FHA, VA Loan
School District
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 Grace CRE.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.