1973 E 10th Street, Tempe, AZ 85281
- $850,000
- List Price
- $850,000
- Status
- ACTIVE
- Days on Market
- 12
- MLS#
- 6752006
- City
- Tempe
- Year Built
- 1963
Property Description
Prime Corner Lot 4Plex! Just minutes from ASU and the Light Rail, this single-story fourplex s a fantastic find for investors /developers.Each of the 2 Bed/1 Bath, 644 SqFt units is fully tiled and includes a private yard and storage space. Located on a corner lot, the property is surrounded by significant new development, attracting long-term tenants. With the potential to increase rents in a rapidly appreciating market, this property is a smart investment. While the laundry facility is currently inactive, it could be revived to generate additional income with coin-operated machines. Whether you're looking to start or expand your real estate portfolio, this fourplex has great potential. One unit has been updated with a new kitchen, flooring, lighting, and AC.Drive By Only.
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Additional Information
- Taxes
- $1,849
- Net Operating Income
- $35,363
- Cap Rate
- 4.16
- Units
- 4
- Flooring
- Ceramic Tile
- Parking Features
- Paved Parking, Free
- Construction
- Brick Veneer, Block, Brick
- Roofing
- See Remarks
- Cooling
- 2 or More Units, Central A/C, Electric
- Heating
- Electric
- Zoning
- M-H / R-3
- Subdivision
- O C Watson Tract
- Community Features
- No Pool
- Electric
- SRP
- Water
- Master Meter
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Cable TV
- New Financing
- No Carry, Conventional, FHA, VA Loan
- Elementary School
- Flora Thew Elementary School
- Middle School
- Connolly Middle School
- High School
- McClintock High School
- School District
- Tempe Union High School District
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