UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Stanley Plat
MLS Listing ID 6855620
Maintenance Fees $1,900
Year Built 1960
Annual Tax Amount $2,278
Tax Year 2024
Lot Dimensions 10000 sf
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Located in an opportunity zone with 1000's of new units in process. Mid 6 CAP with room to raise rents. Student housing. Very low expenses w/ separate, tenant-paid electric/gas. Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Seller financing may be available, but buyer to a large down into the deal.
Expenses are actual & estimated.
Location
State AZ
County Maricopa
Community Stanley Plat
Zoning R4
Direction Cul-de-sac, enter from Apache.
Interior
Heating Natural Gas, Floor Furnace, Wall Furnace
Cooling Window/Wall Unit
Flooring Other, Concrete
Appliance Free-Standing Range, Refrigerator
Exterior
Parking Features Free, >1 Space Per Unit
Community Features Other, See Remarks
Roof Type Composition
Total Parking Spaces 8
Building
Sewer Sewer-In & Connected, Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 133-09-072
Acceptable Financing Owner May Carry, Conventional
Listing Terms Owner May Carry, Conventional
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