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306 S Hardy Drive

Tempe, AZ 85281
  • $1,750,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 6492854
UPDATED: 44 min ago
$1,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime, new construction location in Tempe, AZ with exceptional opportunity to build 12 townhomes or apts. Excellent for diversifying an investment portfolio with steady rental revenue in one of the fastest growing metro areas in the USA.Buildable potential: 12 units Lot size: 136' x 202' Sq ft: 31,552Minutes from ASU and an ideal location with EZ access to all points of interest in the Valley of the Sun.Urban in-fill project with a 2022 COE offering the potential for attractive depreciation allowance in 2023.

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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 2023-02-02T18:20:39.217.
www.yournextphoenixhome.com/homes/135012032
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306 S Hardy Drive Tempe, AZ 85281

  • Price: $1,750,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 44 min ago
  • MLS #: 6492854
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
State Plat No 12 Amd
County:
Maricopa
Area:
Tempe
Elementary School:
Scales Technology Academy
Middle School:
Gililland Middle School
High School:
Tempe High School
Property Description
Prime, new construction location in Tempe, AZ with exceptional opportunity to build 12 townhomes or apts. Excellent for diversifying an investment portfolio with steady rental revenue in one of the fastest growing metro areas in the USA.Buildable potential: 12 units Lot size: 136' x 202' Sq ft: 31,552Minutes from ASU and an ideal location with EZ access to all points of interest in the Valley of the Sun.Urban in-fill project with a 2022 COE offering the potential for attractive depreciation allowance in 2023.
Exterior Features

Construction BlockFrame - MetalSlump Block Construction Finish Brick Trim/VeneerPaintedStoneStucco Covered Parking Spaces 0.00 Lot Size Dimensions 136 X 202 Parking Free Roads Asphalt Roofing ConcreteTile

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 1200 3 Bedroom Unit Baths 1 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Refrigerator Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 1 Floors CarpetCeramic TileConcrete Heating Electric

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 1775.00 3 Bedroom Units 3 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 4800.00 Annual Gas Exp 200.00 Annual Ins Exp 1500.00 Annual Landscape Exp 500.00 Annual Legal And Acctg 800.00 Annual Maint Exp 2400.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 800.00 Community Amenities See Remarks Efficiency Unit Avg Rent 1200.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 800.00 New Financing ConventionalNo Carry Operating Exp 13257.00 Other Income 0.00 Other Type House + Rental Units Owner Pays Water Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Tempe Taxes 2257.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.05 Water Individual MeterIrrigation Zoning R20

Arizona Regional MLS logo Listing provided by Congress Realty, Inc.: 888-229-2009 .


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 2023-02-02T18:20:39.217.
 
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