1201 E WEBER Drive, Tempe, AZ 85288

$520,000
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 2 Status: Closed
Current Price: $520,000 Last Modified: 3/31/2025

Overview

Description

Excellent investment property with good cash flow. I have owned this unit for 11 years and occupancy has been very high. Solid tenants in both units. Two 2 Bedroom/1 Bath units. Each unit has it's own laundry and a large private backyard with an RV gate. Fully occupied, tenants pay for their own utilities. Please do not disturb the tenants. Current gross income 2600/month

Listing Details MLS# 6352513

Location, Tax & Legal

Map Code/Grid
Q37
House Number
1201
Compass
E
Street Name
WEBER
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85288
Zip4
1842
Country
US
County Code
Maricopa
Subdivision
NORTH TEMPE 2
Assessor Number
132-13-018
Tax Year
2021

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7257 sq ft
Year Built
1979
Uncvrd Parking Spcs
4
Total # of Units
2
# of Buildings
Yes
Zoning
residential
Flood Zone
No
High School District
Tempe Union High School District
Elementary School
Cecil Shamley School
Jr. High School
McKemy Middle School
High School
Tempe High School

Remarks Misc

Cross Street
Rural and Mckellips

Status Change Info

Off Market Date
2022-04-21
Under Contract Date
2022-03-29
Close of Escrow Date
2022-04-30

Legal Info

Township
1N
Range
4E
Section
11
Lot Number
169

More Information

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1250
Avg SqFt
1014
# Baths
Yes

Structure

Bedrooms Total
4
Bathrooms Total
2

Income Expenses

Gross Annual Sch Inc
29580
Net Operating Income
26400

Sold Info

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

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit; RV Access/Parking 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: VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: My Home Group Real Estate
Office Phone: 480-685-2760
Office Email: andrew@myhomegroup.com
Last Updated: March - 31 - 2025
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