2205 S Mill Avenue, Tempe, AZ 85282

$537,500
Property Type: Multiple Dwellings Bedrooms: 11 Baths: 7 Status: Closed
Current Price: $537,500 Last Modified: 11/19/2012

Overview

Description

Fabulous 8-plex located on proposed light rail expansion. Almost always runs at full occupancy. In process of successfully raising rents. All necessary repairs and landscaping work recently completed. Showings by appointment only.

Listing Details MLS# 4764281

Location, Tax & Legal

Map Code/Grid
R37
House Number
2205
Compass
S
Street Name
Mill
St Suffix
Avenue
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Zip4
2134
Country
US
County Code
Maricopa
Assessor Number
133-23-062
Tax Year
2011

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
10,064 SqFt (Buyer to ver
Year Built
1959
Uncvrd Parking Spcs
2
Total # of Units
8
# of Buildings
Yes
Zoning
M-H
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District

Remarks Misc

Cross Street
Mill Avenue & Broadway Road
Directions
South on Mill Avenue; Turn east onto Palmcroft Drive; First right into complex.

Status Change Info

Off Market Date
2012-11-05
Under Contract Date
2012-10-28
Close of Escrow Date
2012-11-12

Legal Info

Lot Number
33

More Information

1 Bedroom Units

# 1 Bedroom Units
6
Avg Rent
580
Avg SqFt
650
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
800
Avg SqFt
900
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
850
Avg SqFt
975

Structure

Bedrooms Total
11
Bathrooms Total
7

Contact Info

List Agent Home Phn
602-315-9292

Sold Info

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

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted Roofing: Built-Up Floors: Vinyl; Carpet; Other Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Separate Storage Appliances Included: Built-In Range; Refrigerator Heating: Heat Pump Cooling: Ceiling Fan(s); Electric; Heat Pump Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Other (See Remarks) 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: Conventional Environmental: None
IDX
Listing Office: Metro Realty
Office Phone: 602-687-9933
Office Email: kolodin@msn.com
Last Updated: November - 19 - 2012
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