1016 S Mariana Street, Tempe, AZ 85281

$975,000
List Price
$975,000
Price Change
▼ $20,000 1634618896
Days on Market
62
Status
UCB (UNDER CONTRACT-BACKUPS)
MLS#
6299497
City
Tempe
Subdivision
Mariana Park 2
Year Built
1962

Property Description

HIGHLY sought ASU location. Walking distance and fully renovated units with inside washer and dryers. New fully renovated electric, new plumbing, new roof, new windows, new everything. This magnificent brick building is in perfect condition, 100% occupancy with low maintenance tenants, low expenses, and well kept grounds. This property is currently rented for $961 per unit with terms ending between May and June next year. No HOA, walking distance to light rail, and proforma rentals between to $1600 to $2200 student housing units. Perfect opportunity for the savvy investor. Don't miss this one! Low maintenance with two gorgeous palm trees at the front. No large messy trees that compromise your new roof.

Additional Information

Elementary School
Broadmor Elementary School
High School
McClintock High School
School District
213 - Tempe Union High School District
Construction
Block
Cooling
Individual, Window/Wall Unit
Electric
APS
Exterior Amenities
Green Landscaping, Landscape Wtr System
Finish
Painted
Floors
Ceramic Tile, Wood
Gas
SW Gas
Guest House SqFt
4
Heating
Electric
Interior Amenities
Unfurnished
New Financing
1031 Exchange, Conventional
Parking
1 Space/Unit
Project Type
Four Plex
Roofing
Rolled
Sewer
Sewer - Public
Pool
Yes
Subdivision
Mariana Park 2
Taxes
$1,127
Tenant Pays
Electric
Units
4
Water
City Franchise
Zoning
MH

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cluff Real Estate LLC.

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