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1019 E Tempe Drive Tempe, AZ 85281
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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Tempe
MLS Listing ID 6396943
Sold Date 09/27/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1955
Annual Tax Amount $2,021
Tax Year 2358
Lot Dimensions IRR
Property Description
''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. The entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ Nest thermostats. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, appliances & hot tub convey in current condition.
Location
State AZ
County Maricopa
Community North Tempe
Zoning R-2
Direction Take Scottsdale Rd to Tempe Drive. Go east, property is on the south corner.
Interior
Heating Other, See Remarks, 2 or More Units, Electric, Natural Gas
Cooling Central Air, Ceiling Fan(s), Electric, Individual, 2 or More Units
Flooring Concrete
Appliance Built-In Range, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features 1 Space/Unit, On Street
Community Features Golf, Other, Barbecue, Play Area, Heated Spa(s), No Pool
Roof Type Rolled/Hot Mop
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-12-142-A
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
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