1022 S Dorsey Lane, Tempe, AZ 85281

$665,000
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 2 Status: Closed
Current Price: $665,000 Last Modified: 11/20/2019

Overview

Description

Look at the photos of this property and do not wait to make an offer. You cannot obtain this location anywhere- 1 Block from Lightrail and 1/6 of a mile from ASU main campus! All 2 bedroom units with backyards. Two units are currently being leased at higher rents of $1295 and $1195 respectively. New roofs and fascia on both Duplexes-they are on one parcel. Buyer to verify all facts and figures-see DOC tab for more info!

Listing Details MLS# 5947707

Location, Tax & Legal

Map Code/Grid
R37
House Number
1022
Compass
S
Street Name
Dorsey
St Suffix
Lane
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Country
US
County Code
Maricopa
Assessor Number
132-73-139
Tax Year
2019

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irregular
Year Built
1961
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
2
Zoning
R-3
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District

Remarks Misc

Cross Street
Dorsey and Apache
Directions
North on Dorsey Property is on the West side of the street

Status Change Info

Off Market Date
2019-10-16
Under Contract Date
2019-10-16
Close of Escrow Date
2019-11-13

Legal Info

Lot Number
Yes

More Information

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
895
Avg SqFt
750
# Baths
Yes

Structure

Bedrooms Total
4
Bathrooms Total
2

Income Expenses

Gross Annual Sch Inc
42960
Net Operating Income
32045.8

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: Four Plex Construction: Brick Const - Finish: Painted; Other (See Remarks) Roofing: Other Floors: Other Sale Includes: Land & Building; Personal Property Community Features: No Pool Exterior Amenities: Sidewalk(s) Appliances Included: Free-Standing Range; Refrigerator Heating: Window/Wall Unit(s) Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: None Parking Features: On Street; >1 Space Per Unit; Add'l Parking Avail; Free Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: VA; FHA; Conventional; No Carry Environmental: None
IDX
Listing Office: Gerchick Real Estate
Office Phone: 602-688-9279
Office Email: linda@justsoldit.com
Last Updated: November - 20 - 2019
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