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    1950 E 10th Street

    Tempe, AZ 85281
    • $500,000
    • STATUS: Active
    • ON SITE: 103 days
    • MLS #: 6251337
    UPDATED: 164 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 Power Realty Group Model Home Center. Data last updated 2021-09-28T00:11:32.773.
    www.searchphoenixvalleyrealestate.com/homes/118334578
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    1950 E 10th Street Tempe, AZ 85281

    • Price: $500,000
    • Status: Active
    • Updated: 164 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 OtherSee 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 SewerWaterTrash Collection 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 Power Realty Group Model Home Center. Data last updated 2021-09-28T00:11:32.773.
     
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    Power Realty Group Model Home Center
    6555 E Southern Ave. #2322
    Mesa AZ, 85206