1224 S Smith Road, Tempe, AZ 85281

$722,000
List Price
$722,000
Days on Market
20
Status
ACTIVE
MLS#
6053215
City
Tempe
Year Built
1963

Property Description

Fully occupied 4plex, in heart of Tempe, located walking distance from Smith/Apache Light rail stop. All units are 2bed/1bath. All units have new kitchen cabinets, granite counter tops. All units feature in-unit laundry, with stackable washer-dryer. Exterior of building recently painted, 3 of units interior also got painted in last one year. All 4 units gets Section 8 assistance, monthly rent from City of Tempe is usually deposited 10 days before rent is due. Extra storage at back, that can be used for Coin laundry for extra income. No showing until accepted offer. Pictures taken when units were vacant.Currently drawing $4458 total monthly rent. Rents are:Unit A: $1250Unit B: $1130Unit C: $1020Unit D: $1058Buyer to verify all information.

Additional Information

Elementary School
Flora Thew Elementary School
High School
McClintock High School
Middle School
Connolly Middle School
School District
213 - Tempe Union High School District
Construction
Brick
Cooling
Electric Refrigeratd
Electric
SRP
Exterior Amenities
Desert Landscaping, Cable TV Available
Finish
Brick Trim/Veneer
Floors
Ceramic Tile
Gas
None
Guest House Sq Ft
4
Heating
Electric
New Financing
Conventional
Parking
>1 Space Per Unit
Project Type
Four Plex
Roofing
Other (See Remarks)
Sewer
Sewer - Public
Pool
Yes
Taxes
$1,437
Tenant Pays
Electric, Cable TV
Units
4
Water
City Franchise
Zoning
MF

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of DPR Realty LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.