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1244 N Rose Street

Tempe, AZ 85288
  • $1,800,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 6508373
UPDATED: 7 min ago
$1,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Ratings & Info

Description

DEVELOPMENT OPPORTUNITY! Fully renovated 5 plex with great unit mix, large backyards and room to develop 2 additional large units per current zoning. Four 2 bed 1 bath units (two duplexes) and one 3 bed 2 bath SFR fully occupied grossing $8,240/mo. All units have beeb fully gutted inside and out and all systems replaced. 4 new HVAC units, all New Roofs, All new electrical panels, all new windows, and entire interiors. Over $600,000 spent on this property.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-01-27T19:17:58.25.
www.yournextphoenixhome.com/homes/136098864
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1244 N Rose Street Tempe, AZ 85288

  • Price: $1,800,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 7 min ago
  • MLS #: 6508373
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1969
Built
Neighborhood:
North Tempe 2
County:
Maricopa
Area:
Tempe
Property Description
DEVELOPMENT OPPORTUNITY! Fully renovated 5 plex with great unit mix, large backyards and room to develop 2 additional large units per current zoning. Four 2 bed 1 bath units (two duplexes) and one 3 bed 2 bath SFR fully occupied grossing $8,240/mo. All units have beeb fully gutted inside and out and all systems replaced. 4 new HVAC units, all New Roofs, All new electrical panels, all new windows, and entire interiors. Over $600,000 spent on this property.
Exterior Features

Construction Block Construction Finish PaintedSidingStucco Covered Parking Spaces 0.00 Exterior Amenities Fenced Lot Size Dimensions Tbd Parking >1 Space Per Unit Roads Gravel Roofing Comp ShingleFoam

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 2856 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 2100 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDisposalMicrowaveRefrigeratorWasher/Dryer Cooling 2 Or More UnitsCeiling Fan(S)Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileVinyl Heating 2 Or More UnitsCentral

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1535.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 2100.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 95913.60 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 1800.00 Community Amenities No Pool Cross Street Weber And Scottsdale Rd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas City Gas Gross Annual Sch Inc 98880.00 Hoa YN No Net Operating Income 91233.60 New Financing 1031 ExchangeConventionalCtlTradeVaWraparound Operating Exp 4680.00 Other Income 0.00 Owner Pays See RemarksWater Project Type 5 - 12 Units Sale Includes Building(S) OnlyLand & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Tempe Taxes 2880.00 Tenant Pays Cable TvElectricGasSewerTrashWater Vacancy Allowance 0.03 Water City Franchise Zoning R-2

Arizona Regional MLS logo Listing provided by Keller Williams Realty Phoenix: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-01-27T19:17:58.25.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206