Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully… Read More updated attracting quality long-term tenants. The property sits on a generous lot with potential for future development (buyer to verify). On-site laundry, separate utility meters, This is a turnkey addition to any investor's portfolio. Easy access to transit, ASU, shopping, and major employment centers. Whether you're a seasoned investor or entering the multifamily market, this is a rare chance to acquire a stable, cash-flowing asset. Read Less
Courtesy of Civic Center Real Estate, Chris Bianco, 602-291-2090.
Listing Snapshot
Days Online
208
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6919748
30 Days Snapshot Of 85281
$396k
-6%
(avg) sold price
38
+5%
homes sold
99
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Disposal", "Dishwasher", "Refrigerator", "Built-In Electric Oven", "Microwave"
Building
Built in 1960, Construction materials: "Wood Frame", "Painted", "Block", 9 total units
Cooling
"Central Air", "Ceiling Fan(s)", "Electric"
Expenses
Insurance: $4,000, Water sewer: $4,800
Exterior Features
"Sidewalk(s)"
Floors
"Vinyl"
Heating
"Heat Pump", "Electric"
Parking
"Add'l Parking Avail", "1 Space/Unit", "Carport", 16 total parkings
Property
Zoning: R-3
Roof
"Composition"
Security Features
"Security Light(s)"
Sewer
"Public Sewer"
Taxes
Annual amount: $2,668, Lot: 4
Utilities
"APS"
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