845 W 1ST Street, Tempe, AZ 85281
$780,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$780,000
Last Modified:
3/09/2023
Overview
Description
Listing Details MLS# 6303383
Location, Tax & Legal
- Map Code/Grid
- R36
- House Number
- 845
- Compass
- W
- Street Name
- 1ST
- St Suffix
- Street
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Zip4
- 2648
- Country
- US
- County Code
- Maricopa
- Subdivision
- MONTERREY VILLAGE NO. 3 UNIT 1
- Assessor Number
- 124-31-105
- Tax Year
- 2021
- Assessor's Map #
- 31
- Legal Description (Abbrev)
- LOT 7 MONTERREY VILLAGE NO. 3 UNIT 1 MCR 010241
- Assessor's Parcel #
- 105
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Census Tract
- 318800
- Taxes
- 1600
- Legal
- LOT 7 MONTERREY VILLAGE NO. 3 UNIT 1 MCR 010241
- Marketing Name
- 845 W 1st
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 67.75 87.33 97.37 55.82
- Year Built
- 1964
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- R-3
- Flood Zone
- No
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
Status Change Info
- Off Market Date
- 2021-11-17
- Under Contract Date
- 2021-10-11
- Close of Escrow Date
- 2021-11-16
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 16
- Lot Number
- 7
More Information
Income Expenses
- Gross Annual Sch Inc
- 57360
- Net Operating Income
- 41046
1 Bedroom Units
- # 1 Bedroom Units
- 4
- Avg Rent
- 955
- Avg SqFt
- 520
- # Baths
- Yes
Sold Info
- Loan Type
- Exchange
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- Four Plex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Foam
- Yes
Floors
- Vinyl
- Yes
Sale Includes
- Building(s) Only
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 1600
- Other Income
- 400
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 54872
Pmt & Rate Info
- Cap Rate
- 5.26
- Equity
- 780000
- Down Payment %
- 25
- Monthly Payments
- 2452
- Total Owed
- 0
Payment Includes
- Principal
- Yes
- Interest
- Yes
Showing Notification Methods
- No Notification Required to Show
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Window/Wall Unit(s)
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Evaporative Cooling
- Yes
- Window/Wall Unit
- Yes
Interior Features
- Unfurnished
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Built-In Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
Gas
- Other (See Remarks)
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Block
Const - Finish:
Painted
Roofing:
Foam
Floors:
Vinyl
Sale Includes:
Building(s) Only
Payment Includes:
Principal; Interest
Community Features:
No Pool
Interior Features:
Unfurnished
Appliances Included:
Built-In Range; Refrigerator; Disposal; Microwave
Heating:
Window/Wall Unit(s)
Cooling:
Ceiling Fan(s); Window/Wall Unit; Evaporative Cooling
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
Other (See Remarks)
Parking Features:
Carport; 1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Landscaping
Tenant Pays:
Electricity
Source of Fincl Data:
Projected Proforma
Showing Notification Methods:
No Notification Required to Show
Lockbox Type:
None
New Financing:
Conventional
Environmental:
None
Listing Office:
ABI Multifamily
Last Updated: March - 09 - 2023
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