1950 E 10th Street, Tempe, AZ 85281

$450,000
List Price
$450,000
Days on Market
15
Status
ACTIVE
MLS#
6110044
City
Tempe
Subdivision
Malaran Park
Year Built
1962

Property Description

Malaran Park Apartments is a value add duplex in a amazing location in the heart of Tempe. This duplex has a huge lot with potential to possibly add another duplex. Both units are two bedroom one bath units. Close by ASU parks and freeways. Currently rented below market at 1,050 each. Once renovated you can collect 1350 to 1450 rents. Current market rental rates are 1150 to 1200.

Additional Information

School District
003 - Tempe School District
Construction
Block
Cooling
Central A/C, Electric Refrigeratd
Electric
Individual Meter, SRP
Exterior Amenities
Cable TV Available, Fenced, Patio/Balcony, RV/Boat Parking
Finish
Painted
Floors
Ceramic Tile
Gas
Individual Meter, SW Gas
Guest House Sq Ft
5
Heating
Ceiling Fan(s), Central, Heat Pump
Interior Amenities
Fire/Smoke Alarm(s), Mini Blinds, Unfurnished
New Financing
Conventional, FHA
Parking
>1 Space Per Unit, Add'l Parking Avail, Paved Parking, RV/Boat Parking
Project Type
Duplex
Roofing
Rolled
Sewer
Sewer - Public
Pool
Yes
Subdivision
Malaran Park
Taxes
$882
Tenant Pays
Electric, Gas
Units
2
Water
City Franchise
Zoning
R3

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 Grace CRE.

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.