Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. All 1 bedroom unit mix. Located in an opportunity zone with 1000's of new units in process. Now Vacant. Owner willing to deliver vacant or re-leased. Twin adjacent property… Read More is 1428 S Stanley (MLS 6855518). Sold together as eight units or buy the full package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. A 10% 2nd position carry or low LTV/market interest rate possible. Close to a 7 CAP historical income performance. Water meter shared with 1428 S Stanley. 1424 & 1428 S Stanley need to be sold together. Read Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler, James C Stephens, 480-649-3536.
Listing Snapshot
Days Online
106
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6855520
30 Days Snapshot Of 85281
$435k
-3%
(avg) sold price
23
-17%
homes sold
83
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Free-Standing Range", "Refrigerator"
Building
Built in 1960, Construction materials: "Painted", "Block", 4 total units
Cooling
"Window/Wall Unit"
Expenses
Electric: $100, Insurance: $1,300, Maintenance: $1,100, Water sewer: $2,100
Floors
"Carpet", "Vinyl"
Heating
"Window/Wall Unit(s)"
Parking
"1 Space/Unit", 4 total parkings
Property
Zoning: R-4
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,539, Lot: 16
Utilities
"SRP", "Individual Meter"
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