129 S Hardy Dr., Tempe, AZ 85281

LOCATION, LOCATION! Walking distance to ASU, new art center, Tempe town lake and restaurants/entertainment near Mill Ave. 4 units total. 2 - two bedroom units and 2 – one bedroom units, most tenants are long term (over 8+ years). Current rents are BELOW market and the property still has approx. a 6% cap rate. Bring rents up to market ($750 1 bed, $900 2 bed) and cap rate jumps to 9.4%. New paint, HVAC units replaced during this owners term. All units are all tile flooring and separate exterior storage. Private covered parking for each unit. Building has a laundry room currently not being used. Tenants pay their own electric. Owners pays water/sewer/trash.NO HOA!!! Unit priced below market for a QUICK SALE!!!! Almost identical unit a few doors down (809 W 1st ST) sold 7/7/16 for $450,000!