809 W 1ST Street

    Tempe, AZ 85281
    • $510,000
    • STATUS: Closed
    • ON SITE: 320 days
    • MLS #: 5694299
    Sold - 09/14/2018
    $510,000
    SOLD - 09/14/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    Description

    LOCATION LOCATION LOCATION! Walking distance to new art museum, Tempe town lake and new restaurants/entertainment near Mill Ave. Units remodeled - Building has new paint (inside and out), new landscaping, newer AC units (a few years old) - much of the electrical was updated in 2007 as well (inspected by city of Tempe). Each unit is 2 bed/1 bath with tile throughout with personal storage units and laundry behind the building. Tenants pay Gas/Electric and owner just pays water (~$140/mo). No HOA either! All tenants are section 8. Rents are: #1-$894, #2-$894, #3-$925, #4-$890. Sec 8 has also just increased voucher limits for these units to $975 (new owner can raise rents once leases expire). DO NOT DISTURB TENANTS

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    © 2018 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 Arizona 1 Real Estate Team at My Home Group. Data last updated 2018-10-19T14:12:12.41.
    www.arizona1mls.com/homes/79120703

    809 W 1ST Street Tempe, AZ 85281

    • Price: $525,000
    • Status: Closed
    • Updated: 71 min ago
    • MLS #: 5694299
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    Monterrey Village Plat 3 Unit 1
    County:
    Maricopa
    Area:
    Tempe
    Elementary School:
    Tempe Academy Of International Studies Mckemy Camp
    Middle School:
    Tempe Academy Of International Studies Mckemy Camp
    High School:
    Tempe Academy Of International Studies Mckemy Camp
    School District:
    213 - Tempe Union High School District
    Property Description
    LOCATION LOCATION LOCATION! Walking distance to new art museum, Tempe town lake and new restaurants/entertainment near Mill Ave. Units remodeled - Building has new paint (inside and out), new landscaping, newer AC units (a few years old) - much of the electrical was updated in 2007 as well (inspected by city of Tempe). Each unit is 2 bed/1 bath with tile throughout with personal storage units and laundry behind the building. Tenants pay Gas/Electric and owner just pays water (~$140/mo). No HOA either! All tenants are section 8. Rents are: #1-$894, #2-$894, #3-$925, #4-$890. Sec 8 has also just increased voucher limits for these units to $975 (new owner can raise rents once leases expire). DO NOT DISTURB TENANTS
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 4.00 Exterior Amenities Desert LandscapingSeparate StorageCable Tv Available Lot Size Dimensions irr Parking Free>1 Space Per UnitStreet ParkingPaved Parking Roads AlleySidewalk(S)Curb(S) & Gutter(S)Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 6.00

    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 F/S Oven/RangeRefrigerator Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteVinyl/CompositionCeramic Tile Heating GasWall FurnaceIndividual Interior Amenities UnfurnishedFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 800.00 2 Bedroom Units 4 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 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Auction No Community Amenities No Pool Cross Street Hardy And 1st Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Conventional Operating Exp 1364.00 Other Income 0.00 Owner Pays WaterTrashSewer Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Tempe Taxes 1364.00 Tenant Pays ElectricCable TvGas Vacancy Allowance 0.00 Water City Franchise Zoning Multi

    Listing courtesy of Distinguished Properties.
    © 2018 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 Arizona 1 Real Estate Team at My Home Group. Data last updated 2018-10-19T14:12:12.41.
     
    Arizona 1 Real Estate Team at My Home Group
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    Chandler AZ, 85248