700 W University Drive Unit #5, Tempe, AZ 85281

$650,000
List Price
$650,000
Price Change
▼ $130,000 1590630697
Days on Market
14
Status
ACTIVE
MLS#
6080192
City
Tempe
Lot Size
6
Subdivision
Scene 1 Condominiums
Year Built
1983

Property Description

Great opportunity to own 5 one bedroom, one bath condos in beautiful, Well maintained Tempe community of Scene One. Pool and heated spa. Condos are 595SF, include refrigerator, dishwasher, stove, breakfast bar & stack washer/dryer hookup. Most have granite counters & upgraded flooring. New HVACs in 3 units, dual paned windows in 2 units. 1 covered & extra guest parking. Market rent $830. CAP rate 4.4%. HOA fees $175 per mth per unit, includes water, sewer, trash, common area, pool, parking lot, exterior maintenance and blanket insurance. Tenants pay electric. 1 mile to ASU. Close to Rio Salado, Town Lake, Mill Avenue, Light Rail, shopping, restaurants, bus lines & freeways. Flyer with financials on documents tab. Total #units in complex is 120. These are scattered about the complex

Additional Information

Elementary School
Scales Technology Academy
High School
Tempe Academy Of International Studies McKemy Campus
Middle School
Gililland Middle School
School District
213 - Tempe Union High School District
Construction
Frame - Wood
Cooling
Electric Refrigeratd, Individual
Electric
APS, Individual Meter
Exterior Amenities
Cable TV Available, Desert Landscaping, Green Landscaping, Landscape Wtr System, Patio/Balcony, Pet Restrictions, Security Light(s)
Finish
Painted, Stucco
Floors
Carpet, Ceramic Tile, Vinyl/Composition, Wood
Gas
None
Guest House Sq Ft
12
Heating
Ceiling Fan(s), Electric, Heat Pump, Individual
Interior Amenities
Breakfast Bar, Fire/Smoke Alarm(s), Mini Blinds, Unfurnished, Vertical Blinds
Lot Size
6
New Financing
Conventional
Parking
>1 Space Per Unit, Add'l Parking Avail, Assigned, Carport, Paved Parking
Project Type
5 - 12 Units, Other (See Remarks)
Roofing
Built-Up, Foam
Sewer
Sewer - Public
Pool
Yes
Subdivision
Scene 1 Condominiums
Taxes
$3,846
Tenant Pays
Cable TV, Electric
Unit Number
5
Units
6
Water
City Franchise
Zoning
SF

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 1st Southwest 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.