3721 S Dennis Drive, Tempe, AZ 85282
$715,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$715,000
Last Modified:
3/28/2025
Description
Great investment Opportunity! This unique property has 8 bedrooms, 6 bathrooms and 3 kitchens total. Main level has two possible units and 1 separate unit above the garage. 4 car garage space, swimming pool with patio and roof top deck. has lots of potential, close to ASU and easy access to freeway.
More Information MLS# 6303359
Contract Info
Ownership: Fee Simple
Current Price: $715,000
Sold Price: $715,000
Status: Closed
List Date: 2021-10-05
Location, Tax & Legal
Assessor's Map #: 45
Assessor's Parcel #: 252
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Taxes: 5272
Legal: LOT 105 BRIGHTON PLACE NO. 3 MCR 016028
Marketing Name: Brighton Place
Map Code/Grid: R36
House Number: 3721
Compass: S
Street Name: Dennis
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
County Code: Maricopa
Subdivision: Brighton Place
Assessor Number: 123-45-252
Tax Year: 2021
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 6752
Total # of Units: 3
Elementary School District: Picacho Elementary District
High School District: Tempe Union High School District
Elementary School: Carminati School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Year Built: 1974
Zoning: R-3R
Project Type
Duplex: 1
Tri-Plex: 1
Other (See Remarks): 1
Other Type
House + Rental Units: 1
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 5272
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 62700
Total Monthly Rental Income: 5500
Pmt & Rate Info
Equity: 800000
Down Payment %: 20
Monthly Payments: 0
Total Owed: 0
Lockbox Type
Supra: 1
Community Features
See Remarks: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Patio/Balcony: 1
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Trash Collection: 1
Other (See Remarks): 1
Appliances Included
Disposal: 1
Refrigerator: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
>1 Space Per Unit: 1
Attached: 1
Other: 1
Electric
APS: 1
SRP: 1
Gas
SW Gas: 1
Owner Pays
See Remarks: 1
New Financing
Conventional: 1
1031 Exchange: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 900
Avg SqFt: 659
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1600
Avg SqFt: 1056
# Baths: 2
4 Bedrooms Units
# 4 Bedroom Units: 1
Avg Rent: 2400
Avg SqFt: 1815
# Baths: 2
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
Cross Street: Kyrene & Southern
Directions: West on Southern Ave, Left onto Roosevelt St, Left onto La Jolla Dr, RIGHT onto Dennis Dr
Geo Lat: 33.389494
Geo Lon: -111.946871
Status Change Info
Off Market Date: 2021-10-19
Under Contract Date: 2021-10-19
Close of Escrow Date: 2021-11-30
Sold Price: $715,000
Legal Info
Lot Number: 105
Income Expenses
Gross Annual Sch Inc: 66000
Property Features
Project Type: Duplex; Tri-Plex; Other (See Remarks)
Other Type: House + Rental Units; Other (See Remarks)
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: See Remarks
Exterior Amenities: Patio/Balcony
Appliances Included: Refrigerator; Disposal; W/D Hookup
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; SRP
Gas: SW Gas
Parking Features: Garage; >1 Space Per Unit; Attached; Other
Road Surface Type: Asphalt
Owner Pays: See Remarks
Tenant Pays: Water; Electricity; Gas; Trash Collection; Other (See Remarks)
Source of Fincl Data: Projected Proforma
Special: Owner/Agent
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office:
O48 Realty
Last Updated: March - 28 - 2025
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