Address
828 W 2Nd Street Tempe, AZ
Price
$ 719,000
Property Attributes
- MLS#6172846
- TypeMulti-Family
- CountyMARICOPA
- CityTempe
- NeighborhoodMonterrey Village Plat 3 Unit 2
- Zip85281
- Style
- Year Built1963
- Taxes1772
- Price$ 719,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2528
Listing Provided Courtesy Of:
Grace CRE
Property Description
Welcome to Monterrey Village Place Apartments. This fully occupied apartments are all two bedroom 1 bath all with private yards and parking. Corner lot with a new block wall. All units have been updated with Ikea kitchens and some units have new flooring. The property has a washer and dryer that are leased on site. Property is self managed and rents are below market from the 600-850 range current cap is around a 3.74. Market rents are 1,100-1,250 proforma cap 5.73 after raised rents. Property is close to Tempe Town Lake ASU and freeways. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unware of sale.
| Price History | |
|---|---|
| 12/18/2020 | Listed $719,000 |
General Features
| 1 Bedroom Units: Avg Rent | 0.00 |
|---|---|
| 2 Bedroom Units: Avg Rent | 1150.00 |
| 3 Bedrooms Units: Avg Rent | 0.00 |
| 4 Bedrooms Units: Avg Rent | 0.00 |
| Construction | Block |
| Cooling | Central A/C |
| Electric | APS |
| Exterior Features | Other (See Remarks) |
| Features | Other (See Remarks) |
| Heating | Central, Electric |
| Interior Features | Other (See Remarks) |
| Map Code/Grid | R36 |
| Net Income | 41208.00 |
| New Financing | 1031 Exchange, Conventional, CTL, FHA, VA |
| Owner Pays | Trash Collection, Water |
| Parking | 1 Space/Unit, Carport |
| Property Type | F |
| Roof | Foam |
| School District | 213 - Tempe Union High School District |
| Sewer | Sewer - Public |
| Status | Active |
| Subdivision | MONTERREY VILLAGE PLAT 3 UNIT 2 |
| Tenant Pays | Cable TV, Electric |
| Water | City Franchise |
| Year Built | 1963 |
| Zoning | R-3 |
Interior Features
| 2 Bedroom Units: # 2 Bedroom Units | 4 |
|---|---|
| 2 Bedroom Units: # Baths | 1 |
| 2 Bedroom Units: Avg Sqft | 632 |
| Appliances Included | Other (See Remarks) |
| Floors | Ceramic Tile, Concrete, Vinyl/Composition, Wood |
| Gas | Other (See Remarks) |
| Total Number of Units | 4.00 |
Exterior Features
| Sale Includes | Other (See Remarks) |
|---|---|
| Const - Finish | Painted |
| Covered Parking Spcs | 4.00 |
| Lot Size Dimensions | 6853 |
| Total Parking Spcs | 8.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 85281
Price
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable, but not guaranteed.Listing data provided & copyrighted © by (PAAR) Prescott Area Association of REALTORS®
