1320 W 3RD Street, Tempe, AZ 85281

$650,000
Property Type: Multiple Dwellings Bedrooms: 20 Baths: 8 Status: Closed
Current Price: $650,000 Last Modified: 12/20/2024

Overview

Description

LOCATION FEATURES: 1 mile from Mill Ave. Easy 202 access. FREE Orbit Bus shuttles to ASU, Light Rail Stations, and around Tempe. Walking/Running/Biking trail to Tempe Town Lake close. Grocery Store within walking distance. RENTAL FEATURES: Covered and non covered dedicated parking, Washer/Dryer included in each unit, Updated appliances and lighting: Glass Top Stoves, ceiling fans throughout. Private patio with storage shed, Brand New Energy Efficient Air Conditioning, Garbage Disposal, Single level building(no stairs or anyone above or below). Fresh interior paint and remodel. BBQ grill. Security Systems, surveillance cameras present and convey

Listing Details MLS# 5547654

Location, Tax & Legal

Map Code/Grid
R36
House Number
1320
Compass
W
Street Name
3RD
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
7614
Country
US
County Code
Maricopa
Subdivision
TEMPE APARTMENTS
Assessor Number
124-28-005-F
Tax Year
2016

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
13329
Year Built
1983
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
R3
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Other
Jr. High School
Other
High School
Other

Remarks Misc

Cross Street
PRIEST & UNIVERSITY
Directions
Priest & 3rd Directions: Beck & University Directions: Beck & University Directions: NORTH ON BECK TO 3RD STREET. WEST ON 3RD TO 1320 UNIT ON THE NORTH SIDE OF THE STREET.

Status Change Info

Off Market Date
2017-04-04
Under Contract Date
2017-02-03
Close of Escrow Date
2017-04-03

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
35

More Information

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
1200
Avg SqFt
850
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1700
Avg SqFt
850
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
2
Avg Rent
1200
Avg SqFt
850
# Baths
Yes

4 Bedrooms Units

# 4 Bedroom Units
2
Avg Rent
1200
Avg SqFt
850
# Baths
Yes

Structure

Bedrooms Total
20
Bathrooms Total
8

Income Expenses

Net Operating Income
55996

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool; Barbecue Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Partially Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage; Security Light(s) Interior Features: Unfurnished; Partially Furnished; Fire/Smoke Alarm(s); Security Alarm(s) Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; On Street; >1 Space Per Unit; Assigned; Free; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV; Other (See Remarks) Source of Fincl Data: Owner; Books Shwn Accpt Ofr Special: Owner/Agent 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: FHA; Conventional; Owner May Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Geneva Real Estate and Investments
Office Phone: 602-288-5900
Office Email: jvt@morfi.com
Last Updated: December - 20 - 2024
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