$299,900
Tempe, AZ 85288
MLS# 5973531
Status: Closed
1 / 9
Property Description
Here is your opportunity to own in an up and coming neighborhood. Live on one side and collect rent on the other. A white, bright 2 unit duplex with 2 Bedrooms, 1 bath, private patio with 728 sq ft per side. Both units have been remodeled with two new A/Cs. New kitchen and bathroom cabinets, backsplash, countertops, and all tile floor. Low maintanence. Appliances provided by owner.***DO NOT DISTURB THE TENANTS****
Details
Contract Info
Current Price: $299,900
Sold Price: $299,900
Status: Closed
List Date: 2019-09-03
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q37
House Number: 1222
Compass: E
Street Name: HARRY
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Zip4: 1895
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 192 NORTH TEMPE 2 MCR 007031
Subdivision: NORTH TEMPE 2
Assessor's Map #: 13
Assessor's Parcel #: 41
Add'l Parcels: No
Assessor Number: 132-13-041
Legal: LOT 192 NORTH TEMPE 2 MCR 007031
Census Tract: 318400
Tax Municipality: Tempe
Taxes: 1281
Tax Year: 2019
Marketing Name: North Tempe 2
General Property Description
Lot Size Dimensions: 60 x 126
Year Built: 1978
Uncvrd Parking Spcs: 5
Total # of Units: 2
# of Buildings: 1
Zoning: MULTI
Elementary School: Cecil Shamley School
Jr. High School: McKemy Middle School
High School: Coronado High School
Elementary School District: Tempe Elementary School District
Remarks & Misc
Cross Street: Scottsdale Road /Weber Drive
Directions: East on Weber Drive, South on Scovel Street, Left on Harry Street
Geo Lat: 33.443359
Geo Lon: -111.919278
Status Change Info
Status Change Date: 2019-10-17
Off Market Date: 2019-10-17
Under Contract Date: 2019-09-20
Close of Escrow Date: 2019-10-16
Sold Price: $299,900
Legal Info
Township: 1N
Range: 4E
Section: 11
Lot Number: 192
Income & Expenses
Annual Ins Exp: 485
Annual Wtr/Swr Exp: 1100
Owner Association: No
Operating Exp: 2866
Gross Annual Sch Inc: 16800
Adjusted Gross Inc: 16800
Totl Mnth Rntal Inc: 1390
Net Operating Income: 15215
Pmt & Rate Info
Cap Rate: 5.07
Equity: 299900
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 700
Avg SqFt: 728
# Baths: 1
Sold Info
Loan Type: FHA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Land & Building; Personal Property; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Disposal; Washer/Dryer
Cooling: Ceiling Fan(s); Central A/C; 2 or More Units
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: >1 Space Per Unit
Roads/Streets: Asphalt; Sidewalk(s); Alley
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: HomeSmart
Last Updated: February - 28 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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