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1019 E Tempe Drive

Tempe, AZ 85281
  • $2,249,900
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 6396943
UPDATED: 70 min ago
$2,249,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

School District:

Description

''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. As a whole the entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ have Nest. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, online listings & future bookings are owned by property manager. This manager offers the highest & best use for property, but is not required to be retained by new owner.

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-06-27T21:13:20.083.
www.yosthomes.com/homes/129311134
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1019 E Tempe Drive Tempe, AZ 85281

  • Price: $2,249,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 70 min ago
  • MLS #: 6396943
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
North Tempe
County:
Maricopa
Area:
Tempe
School District:
003 - Tempe School District
Property Description
''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. As a whole the entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ have Nest. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, online listings & future bookings are owned by property manager. This manager offers the highest & best use for property, but is not required to be retained by new owner.
Exterior Features

Construction Block Construction Finish PaintedStone Covered Parking Spaces 0.00 Exterior Amenities Green LandscapingPartially Fenced Lot Size Dimensions Irr Parking 1 Space/UnitStreet Parking Roads Asphalt Roofing Rolled

Interior Features

1 Bedroom Unit Avg Sq Ft 448 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeMicrowaveRefrigeratorWasher/Dryer Cooling 2 Or More UnitsCeiling Fan(S)Central A/CElectricIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating 2 Or More UnitsElectricNatural GasOtherSee Remarks Interior Amenities Breakfast BarFire/Smoke Alarm(S)FurnishedMini Blinds

Property Features

1 Bedroom Unit Avg Rent 1900.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 185900.00 Annual Elec Exp 3200.00 Annual Gas Exp 0.00 Annual Ins Exp 2000.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 500.00 Annual Legal And Acctg 0.00 Annual Maint Exp 5000.00 Annual Mgmt Exp 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 300.00 Annual Trash Exp 850.00 Annual Wtr Swr Exp 850.00 Community Amenities BarbecueGolf/Putting GreenHeated Spa(S)No PoolOtherPlay Area Cross Street Scottsdale Road & Mckellips Road Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Master MeterSw Gas Gross Annual Sch Inc 185000.00 Hoa YN No Net Operating Income 140901.00 New Financing 1031 ExchangeConventional Operating Exp 14721.00 Other Income 900.00 Owner Pays Cable TvElectricGasLandscapingPool/Spa MaintenanceSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & BuildingLaundry EquipmentOther (See Remarks)Pool Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Tempe Taxes 2021.00 Tenant Pays None Totl Mnth Rntal Inc 15400.00 Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning R-2

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-06-27T21:13:20.083.
 
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Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122