Price Reduction
Address
1019 E Tempe Drive Tempe, AZ
Price
$ 895,000
Property Attributes
  • MLS#6191254
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodNorth Tempe
  • Zip85281
  • Style
  • Year Built1955
  • Taxes2287
  • Price$ 895,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage2688
Listing Provided Courtesy Of:
Corcoran Platinum Living
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

T EMPE D R I V E is a six-unit apartment communitylocated northeast of the intersection of Scottsdale and Curry Roads offering outstanding mobility throughout the city of Tempe's thriving economic and academic landscape with expanded reach to South Scottsdale and Mesa's growing accommodations. Located north of Tempe Town Lake, residents have access to one of Arizona's most diverse economic corridors featuring employers such as State Farm, Freedom Financial Network, JPMorgan Chase, Northern Trust, and ADP. Developed in 1955, the property featuresone-bedroom, one-bath floor plans averaging 448-square feet. Future ownership will have the opportunity to renovate all six unit interiors with in-suite laundry to realize a monthly premium of $100. See doc tab for rent analysis/projections

Price History
2/8/2021 Listed $915,000
4/19/2021 3% - $895,000

General Features

1 Bedroom Units: Avg Rent 863.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling 2 or More Units, Central A/C, Electric Refrigeratd, Evaporative, Individual
Electric APS, Individual Meter
Exterior Features Desert Landscaping, Green Landscaping
Features No Pool
Gas Y/N Master Meter, SW Gas
Heating 2 or More Units, Electric, Gas, Other (See Remarks)
Interior Features Unfurnished
Map Code/Grid Q37
Net Income 40901.00
New Financing Conventional
Owner Pays Gas, Sewer, Trash Collection, Water
Parking 1 Space/Unit, Carport, Street Parking
Property Type F
Roof Rolled
School District 003 - Tempe School District
Sewer Sewer - Public
Status Active
Subdivision NORTH TEMPE
Tenant Pays Electric, None
Water City Franchise, Master Meter
Year Built 1955
Zoning R-2

Interior Features

1 Bedroom Units: # 1 Bedroom Units 6
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 448
Appliances Included BI Oven/Range, Refrigerator
Floors Ceramic Tile, Vinyl/Composition
Total Number of Units 6.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions IRR
Total Parking Spcs 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85281

Price
AVG $740K
$900K
Taxes
AVG $1,944
$2,287
Visits
AVG 1056
97
Year Built
AVG 1960
1955
Walkscore
AVG 71
66
Data Provided by Walkscore ® not using MLS data

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