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1950 E 10th Street

Tempe, AZ 85281
  • $500,000
  • STATUS: Active
  • MLS #: 6251337
UPDATED: 31 min ago
$500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1962
County:
Area:

School Ratings & Info

School District:

Description

Single-Level, Garden-Style Duplex, Both units are Two-Bedroom / One-Bathroom and Individually Metered for Electricity & Hot Water. Tenant Amenities Include Washer / Dryer & Private Yards. Excellent Value-Add Opportunity Through Additional Renovations. Located Near Tempe Marketplace, Mesa Riverview, & Loop 101 & 202. Minutes from Sky Harbor International Airport & Downtown Scottsdale. Rents are under market. 6.24% proforma cap rate.

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© 2021 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 My Home Group. Data last updated 2021-07-23T23:12:18.92.
www.yournextvalleyhome.com/homes/118334578
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1950 E 10th Street Tempe, AZ 85281

  • Price: $500,000
  • Status: Active
  • Updated: 31 min ago
  • MLS #: 6251337
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1962
Built
County:
Maricopa
Area:
Tempe
School District:
003 - Tempe School District
Property Description
Single-Level, Garden-Style Duplex, Both units are Two-Bedroom / One-Bathroom and Individually Metered for Electricity & Hot Water. Tenant Amenities Include Washer / Dryer & Private Yards. Excellent Value-Add Opportunity Through Additional Renovations. Located Near Tempe Marketplace, Mesa Riverview, & Loop 101 & 202. Minutes from Sky Harbor International Airport & Downtown Scottsdale. Rents are under market. 6.24% proforma cap rate.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Lot Size Dimensions Unknown Parking >1 Space Per Unit Roads Private Street Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 700 2 Bedroom Units Baths 1 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 Other (See Remarks) Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating Other (See Remarks)

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1150.00 2 Bedroom Units 2 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 68503380.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Mcclintock & University Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 40680.00 Hoa YN No Net Operating Income 3673.00 New Financing Conventional Operating Exp 899.00 Other Income 1450.00 Owner Pays SewerTrash CollectionWater Project Type Duplex Sale Includes Other (See Remarks) Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Tempe Taxes 899.00 Tenant Pays Electric Vacancy Allowance 1627.00 Water City Franchise Zoning R-3

Listing courtesy of Abi Multifamily.


© 2021 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 My Home Group. Data last updated 2021-07-23T23:12:18.92.
 
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My Home Group
8360 E Raintree Drive, Suite 205
Scottsdale AZ, 85260