$895,000
Tempe, AZ 85281
MLS# 6697502
1 / 13
Property Description
Tens of thousands of dollars spent updating this single level Tempe Cul-De-Sac Fourplex. Fully leased - for nearly a year! All units have been updated over the past 5 years including new appliances, windows, flooring, plumbing. Includes Shaker style cabinets with modern backsplash tile, vinyl hardwood-like floors, carpet in bedrooms, modern fixtures throughout, central air, ceiling fans, covered parking (1 for each unit). All 1 Bedroom units. Near ASU, light rail, Mill Avenue, Farmer Arts District and more.
Details
Maps
Contract Info
Current Price: $895,000
List Price: $895,000
Status: Active
List Date: 2024-04-26
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 906
Compass: S
Street Name: MARIANA
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4113
Country: USA
County Code: Maricopa
Subdivision: MARIANA PARK I
Assessor's Map #: 73
Assessor's Parcel #: 148
Add'l Parcels: No
Assessor Number: 132-73-148
Legal: Lot 2 Mariana Park 1
Census Tract: 319103
Tax Municipality: Tempe
Taxes: 1179
Tax Year: 2023
Marketing Name: Mariana Paek
General Property Description
Lot Size Dimensions: IRR
Year Built: 1959
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: Multi
Elementary School: Cecil Shamley School
Jr. High School: Cecil Shamley School
High School: McClintock High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: McClintock and University
Directions: W. to Dorsey. S. to Orange. W. to property.
Geo Lat: 33.418714
Geo Lon: -111.918964
Status Change Info
Status Change Date: 2024-04-26
Legal Info
Township: 1N
Range: 4E
Section: 23
Lot Number: 2
Income & Expenses
Annual Elec Exp: 1928
Annual Ins Exp: 800
Annual Landscape Exp: 4380
Annual Mgmt Exp: 2470
Annual Wtr/Swr Exp: 4873
Owner Association: No
Operating Exp: 15630
Gross Annual Sch Inc: 52800
Vacancy Allowance: 0.05
Adjusted Gross Inc: 50160
Totl Mnth Rntal Inc: 4400
Net Operating Income: 34530
Pmt & Rate Info
Cap Rate: 3.86
Equity: 895000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1100
Avg SqFt: 480
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Built-Up
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Amenities: No Pool; Other; See Remarks
Exterior Amenities: Landscape Wtr System; Green Landscaping; Cable TV Available; Separate Storage
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Microwave
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Master Meter
Parking: Carport; 1 Space/Unit; >1 Space Per Unit
Roads/Streets: Asphalt; Sidewalk(s)
Owner Pays: Gas; Trash Collection; Landscaping
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner; Other (See Remarks)
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; CTL; Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: HomeSmart
Last Updated: May - 07 - 2024
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