625 W 12th Street, Tempe, AZ 85281

$675,000
2
BD
4
BA

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List Price
$675,000
Status
ACTIVE
Days on Market
1
MLS#
7065156
City
Tempe
Bedrooms
2
Bathrooms
4
Year Built
1970

Property Description

Exceptional investment opportunity in the heart of Tempe. Beautifully remodeled duplex offers an ideal location just minutes from ASU, shopping, dining, entertainment and major transportation. Each unit features one bedroom and one bathroom with a completely remodeled interior creating a fresh, modern and move in ready living space. Both units include all appliances, making them attractive to students, professionas or long term tenants. Eash side has carport exterior storage, additional storage space, ability to install a washer and dryer adding another desirable amenity for future tenants. With its prime Tempe location by ASU, completely renewed, its an excellent opportunity for an investor. Duplex has been non smoking Please use WFG National Title property has a benef deed in place

Additional Information

Taxes
$1,517
Net Operating Income
$36,560
Cap Rate
5.42
Units
2
Parking Features
Carport, >1 Space Per Unit, Attached Carport, Off Street
Construction
Block, Painted, Siding
Roofing
Tile
Cooling
Central Air, Electric, 2 or More Units, Ceiling Fan(s)
Heating
Electric, Forced Air
Zoning
Commerical
Community Features
No Pool
Electric
SRP
Water
City Franchise
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
New Financing
Cash

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Fine Properties.

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