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$125,000
Sold on 10/21/11
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,034 |
1986 |
On the market:
28 days
|
View full details, 15 photos, school info, and price history
**Not a short sale or REO** Investor cash flow opportunity. Current owner has rehabbed this entire building as well as helping the community itself. Property is fully rented and has waiting list for empty units - high demand area close to light rail, college, Tempe Marketplace and much more. Ride the appreciation back up to levels seen a few years ago! Can be sold with other buildings in various stages of remodeland can discuss making a package deal for other buildings(different owner). Community upgrades include coin-op laundry, lighting, pool and covered parking. NO HOA currently - but new owners can possibly create one and create more cashflow. Current rents = $2000 for the building, all on time, verifying deposits that are held. All 4 units are 2bed/1bath. Inner toilet mechanics
Carpet and tile Flooring
Took the pop corn ceiling out of 3 units and put in Santa Fe texture.
Floated out a dozen walls that had holes in them.
2 new water heaters.
All repainted
Had extensive work done on the Air conditioners (new exterior motors, 2 new Thermostats).
2 new dish washers downstairs.
New water shut off valve outside.
2 newer stoves
Bought and put in a new fridge upstairs.
patched any loose roofing.
Put in all new blinds
New garbage disposals
Repaired kitchen cabinets
Listing courtesy of NEIL FREEDLAND PROPERTIES & NEIL FREEDLAND PROPERTIES