1033 S Mariana Street, Tempe, AZ 85281

$750,000
4
BD
4
BA

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List Price
$750,000
Status
ACTIVE
Days on Market
82
MLS#
7046255
City
Tempe
Bedrooms
4
Bathrooms
4
Year Built
1962

Property Description

Great opportunity to own within a community that very rarely has a building available! 4 Studio units with wall unit AC, Refrigerators and Stoves. Well cared for and maintained by this owner. This building is the southern most on the east side of the street, offering privacy for the occupants and ease of parking access from both the north and south side of the alleyway. Very low vacancy rate with such close access to ASU, downtown Tempe and the light rail.

Additional Information

Taxes
$1,284
Net Operating Income
$37,962
Cap Rate
5.06
Units
4
Parking Features
1 Space/Unit, See Remarks, Off Street
Construction
Slump Block, Painted
Roofing
Rolled/Hot Mop
Cooling
Window/Wall Unit
Heating
Window/Wall Unit(s)
Zoning
R-3
Exterior Features
Sidewalk(s)
Subdivision
Mariana Park 2
Community Features
No Pool
Electric
APS, Individual Meter
Water
Master Meter, City Franchise
Tenant Pays
Water, Electricity
New Financing
VA Loan, FHA, Conventional, Cash
Elementary School
Cecil Shamley School
Middle School
Cecil Shamley School
High School
McClintock High School

Courtesy of Realty ONE Group. 602-953-4000

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