601 S Hardy Drive, Tempe, AZ 85281
- $1,300,000
- 6
- BD
- 6
- BA
- List Price
- $1,300,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7074936
- City
- Tempe
- Bedrooms
- 6
- Bathrooms
- 6
- Year Built
- 1980
Property Description
Williams Heritage is a six-unit multifamily community located near Downtown Tempe and Arizona State University. The property comprises two adjacent, separately parceled, single- story triplex buildings situated on approximately 0.38 combined acres. The separate parcels offer the potential for residential financing, providing additional flexibility for qualified buyers. Williams Heritage is strategically located near Downtown Tempe, approximately 1.3 miles from Arizona State University's Tempe campus. The property provides convenient access to Mill Avenue, Tempe Town Lake, Marina Heights, the Novus Innovation Corridor and other major employment, education and entertainment destinations.
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Additional Information
- Taxes
- $1,647
- Net Operating Income
- $67,079
- Cap Rate
- 5.16
- Units
- 6
- Flooring
- Other
- Parking Features
- >1 Space Per Unit
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Central Air, Electric
- Heating
- Electric
- Zoning
- R-3
- Community Features
- Other
- Electric
- APS
- Water
- City Franchise
- Tenant Pays
- Electricity, Gas
- New Financing
- Conventional, No Carry, Cash
Courtesy of Coldwell Banker Commercial Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.