1022 W 9TH Street, Tempe, AZ 85281 (MLS# 6547532)

1022 W 9TH Street, Tempe, AZ 85281

$685,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $685,000 Last Modified: 7/05/2023

Overview

Description

PROPERTY IS 1022 W 9TH ST AND 1024 W 9TH ST. SHARP, CLEAN, REMODELED DUPLEX WITH BLOCK CONSTRUCTION. EXCELLENT RENTALS COMPLETE UPDATES/REMODEL. PRIVATE LARGE BACKYARD ADDS BONUS OUTDOOR SPACE. NEWLY REMODELED WITH WOOD LOOK TILE FLOORING, REMODELED BATHROOM AND KITCHEN, NEW PLUMBING, EVERYTHING IS CLEAN, UPDATED, RENTED AND READY FOR A PERFECT INCOME PRODUCING PROPERTY. CLOSE TO ASU, FREEWAYS, DINING, AND ENTERTAINMENT. PLENTY OF PARKING FOR TENANTS.

Listing Details MLS# 6547532

Location, Tax & Legal

Map Code/Grid: R36
House Number: 1022
Compass: W
Street Name: 9TH
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5303
Country: US
County Code: Maricopa
Subdivision: WESTERN VILLAGE UNIT 18
Assessor Number: 124-61-116
Tax Year: 2022
Assessor's Map #: 61
Legal Description (Abbrev): LOT 24 WESTERN VILLAGE UNIT 18 MCR 010410
Assessor's Parcel #: 116
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 318900
Taxes: 1395
Legal: LOT 24 WESTERN VILLAGE UNIT 18 MCR 010410
Marketing Name: WESTERN VILLAGE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 68 X 94
Year Built: 1966
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R-2
Flood Zone: No
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Holdeman Elementary School
Jr. High School: Geneva Epps Mosley Middle School

Remarks Misc

Cross Street: UNIVERSITY & HARDY
Directions: WEST ON UNIVERSITY TO HARDY. SOUTH TO 9TH STREET AND THEN WEST TO PROPERTY.

Status Change Info

Off Market Date: 2023-07-05
Under Contract Date: 2023-06-02
Close of Escrow Date: 2023-06-29

Legal Info

Township: 1N
Range: 4E
Section: 21
Lot Number: 24

More Information

Income Expenses

Gross Annual Sch Inc: 40800
Net Operating Income: 34524

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1700
Avg SqFt: 867
# Baths: Yes

Contact Info

List Agent Home Phn: 602-647-9328

Sold Info

Loan Type: FHA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Duplex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Rplcmnt Rsrvs: 0
Operating Exp: 1395
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 40800

Pmt & Rate Info

Cap Rate: 4.93
Equity: 699900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Showing Notification Methods

Text: Yes
Email: Yes
Phone Call: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Natural Gas: Yes
Individual: Yes

Cooling

Central Air: Yes
Electric: Yes
Individual: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Fenced: Yes
Curb(s) & Gutter(s): Yes
Cable TV Available: Yes
Sidewalk(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes
Breakfast Bar: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes
Sewer - Available: Yes
Sewer-In & Connected: Yes

Parking Features

Carport: Yes
On Street: Yes
>1 Space Per Unit: Yes
Attached: Yes
Paved: Yes
Add'l Parking Avail: Yes

Electric

APS: Yes
Individual Meter: Yes

Gas

SW Gas: Yes

Owner Pays

None: Yes

New Financing

Cash to Loan: Yes
VA: Yes
FHA: Yes
No Carry: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
Appraisal: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer Heating: Natural Gas; Individual Cooling: Electric; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer - Available; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas Parking Features: Carport; On Street; >1 Space Per Unit; Attached; Add'l Parking Avail; Paved Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash to Loan; VA; FHA; No Carry Environmental: None

Documents

Income and expense ›

Listing Office: West USA Realty

Last Updated: July - 05 - 2023