$1,600,000
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SOLD DATE : 09/27/2023
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Tempe
MLS Listing ID 6396943
Sold Date 09/27/23
Year Built 1955
Annual Tax Amount $2,021
Tax Year 2358
Lot Dimensions IRR
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. The entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ Nest thermostats. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, appliances & hot tub convey in current condition.
Location
State AZ
County Maricopa
Community North Tempe
Area Maricopa
Zoning R-2
Direction Take Scottsdale Rd to Tempe Drive. Go east, property is on the south corner.
Interior
Heating Other, See Remarks, 2 or More Units, Electric, Natural Gas
Cooling Central Air, Ceiling Fan(s), Electric, Individual, 2 or More Units
Flooring Concrete
Appliance Built-In Range, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features 1 Space/Unit, On Street
Community Features Golf, Other, Barbecue, Play Area, Heated Spa(s), No Pool
Roof Type Rolled/Hot Mop
Private Pool No
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-12-142-A
Acceptable Financing Conventional, 1031 Exchange
Disclosures None, Seller Prop Disc Stm
Listing Terms Conventional, 1031 Exchange
Financing Other
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