129 S Hardy Drive, Tempe, AZ 85281

$410,000
List Price
$410,000
Price Change
▼ $10,000 1507863771
Days on Market
65
Status
ACTIVE
MLS#
5659518
City
Tempe
Lot Size
4
Subdivision
Monterrey Village Plat 3 Unit 1
Year Built
1972

Property Description

LOCATION, LOCATION! Walking distance to ASU, new art center, Tempe town lake and restaurants/entertainment near Mill Ave. 4 units total. 2 - two bedroom units and 2 - one bedroom units, most tenants are long term (over 8+ years). Almost a 6% cap rate. All units are all tile flooring and separate exterior storage. Private covered parking for each unit. Building has a laundry room currently not being used. Tenants pay their own electric. Owners pays water/sewer/trash.NO HOA!!! Perfect time to buy and remodel to increase rent and CAP rate... Or since NO HOA.... TURN IT INTO A FULL TIME AIR BNB PROPERTY and get a GREAT CAP RATE!!!!

Additional Information

Elementary School
Scales Technology Academy
High School
Tempe High School
Middle School
Gililland Middle School
School District
213 - Tempe Union High School District
Construction
Block
Cooling
Electric Refrigeratd
Electric
APS
Exterior Amenities
Cable TV Available
Finish
Painted
Floors
Ceramic Tile
Gas
SW Gas
Guest House Sq Ft
6
Heating
Gas
Lot Size
4
New Financing
Conventional, 1031 Exchange
Parking
1 Space/Unit, Assigned, Paved Parking
Project Type
Four Plex
Roofing
Rolled
Sewer
Sewer - Public
Pool
Yes
Subdivision
Monterrey Village Plat 3 Unit 1
Taxes
$1,665
Tenant Pays
Electric, Cable TV
Units
4
Water
City Franchise
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of J. P. Kush & Associates, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2017 Arizona Regional Multiple Listing Service, Inc. All rights reserved.