816 W 2ND Street, Tempe, AZ 85281

$570,000
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 4 Status: Closed
Current Price: $570,000 Last Modified: 1/04/2025

Overview

Description

Four unit building in the midst of all of the construction at Tempe Town Lake! Units have beautiful and durable wood look tile flooring and a custom color palette with an exposed slump block wall as the interior focal point. Kitchens are complete with granite counters, breakfast bars, and stainless steel appliances. Stacked washer/dryer in each unit! One bedroom and full bathroom with single sink vanity. Brand new steel carport for covered parking and private courtyards for each unit. These are sure to go quick. Drive by only. No showing until accepted contract.

Listing Details MLS# 5724043

Location, Tax & Legal

Map Code/Grid
R36
House Number
816
Compass
W
Street Name
2ND
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
2638
Country
US
County Code
Maricopa
Subdivision
MONTERREY VILLAGE PLAT 3 UNIT 3
Assessor Number
124-31-122
Tax Year
2017

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
IRR
Year Built
1976
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
Yes
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School

Remarks Misc

Cross Street
University & Hardy
Directions
North on hardy from University, East on 2nd St., Property on Left.

Status Change Info

Off Market Date
2018-06-15
Under Contract Date
2018-05-12
Close of Escrow Date
2018-06-14

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
24

More Information

1 Bedroom Units

# 1 Bedroom Units
4
Avg Rent
900
Avg SqFt
490
# Baths
Yes

Structure

Bedrooms Total
4
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
48000
Net Operating Income
40660

Sold Info

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

Property Features

Project Type: Four Plex Construction: Wood Frame; Slump Block Const - Finish: Painted; Brick Veneer Roofing: Rolled Floors: Ceramic Tile Sale Includes: Building(s) Only; Personal Property Community Features: No Pool Exterior Amenities: Curb(s) & Gutter(s); Sidewalk(s) Interior Features: Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: 1 Space/Unit; Free; Paved Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; None Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable 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: Non Assumable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
IDX
Listing Office: Redefy
Office Phone: 602-726-2999
Office Email: kmoore@redefy.com
Last Updated: January - 04 - 2025
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