115 W BROADWAY Road, Tempe, AZ 85282

$925,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $925,000 Last Modified: 4/04/2025

Description

INVESTMENT OPPORTUNITY CLOSE TO ASU! **DRIVE BY ONLY** **DO NOT DISTURB TENANTS** **VIEWING ONLY AFTER ACCEPTED CONTRACT** 5 UNITS TOTAL... FOUR 1 BEDROOM, 1 BATHROOM PLUS A STUDIO. COMMUNITY LAUNDRY ROOM (WASHER & DRYER ARE LEASED MONTH TO MONTH.

More Information MLS# 6347107

Contract Info

Ownership: Fee Simple Current Price: $925,000 Sold Price: $925,000 Status: Closed List Date: 2022-01-26

Location, Tax & Legal

Assessor's Map #: 20 Legal Description (Abbrev): LOT 7 DATE PALM MANOR AMD MCR 005908 Assessor's Parcel #: 7 Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319600 Taxes: 2851 Legal: LOT 7 DATE PALM MANOR AMD MCR 005908 Marketing Name: N/A Map Code/Grid: R37 House Number: 115 Compass: W Street Name: BROADWAY St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Zip4: 1314 County Code: Maricopa Subdivision: DATE PALM MANOR AMD Assessor Number: 133-20-007 Tax Year: 2021

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 5 Lot Size Dimensions: 7584 SQ FT Flood Zone: TBD Total # of Units: 5 Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District High School: Tempe High School Year Built: 1959 Zoning: R-3

Legal Info

Range: 4E Section: 27 Township: 1N Lot Number: 7

Project Type

5 - 12 Units: 1

Construction

Other: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Ceramic Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 2851 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 875000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Window/Wall Unit(s): 1

Cooling

Window/Wall Unit: 1

Tenant Pays

Gas: 1 Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1

Appliances Included

None: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

1 Space/Unit: 1

Electric

SRP: 1

Gas

SW Gas: 1

Owner Pays

None: 1

New Financing

Conventional: 1 Owner May Carry: 1 Wraparound: 1 1031 Exchange: 1

Existing 1st Loan

Conventional: 1

Existing 1st Loan Terms

Non Assumable: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Efficiency Units

# Efficiency Units: 1 Avg Rent: 1000 Avg SqFt: 500 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 4 Avg Rent: 1000 Avg SqFt: 500 # Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

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

Remarks Misc

Geo Lat: 33.407131 Geo Lon: -111.942747

Status Change Info

Off Market Date: 2022-03-28 Under Contract Date: 2022-02-10 Close of Escrow Date: 2022-03-31 Sold Price: $925,000

Property Features

Project Type: 5 - 12 Units Construction: Other Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: None Heating: Window/Wall Unit(s) Cooling: Window/Wall Unit Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Terms: Non Assumable 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: Conventional; Owner May Carry; Wraparound; 1031 Exchange Environmental: None
Listing Office: Keller Williams Realty Sonoran Living
IDX
Last Updated: April - 04 - 2025
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