1320-1312 W 5th Street , Tempe, AZ 85281
Tempe, AZ 85281
Description
Prime location just blocks from Hayden-Ferry Landing, Mill/ASU, and a few minutes to Old Town Scottsdale. In an OZ. Hard to find & bigger than the competition all 2 bedroom unit mix (822sf/unit). Stabilized at a 6 CAP. Long-term, local owners have pride of ownership. Many recent renovations to some units including plumbing, kitchens/baths, windows, roof, etc. Classic features to value-add further. Excellent rents in place with mostly flexible month-to-month leases. The complex offers more amenities than the competition, including carport parking, fenced front yards with private back patios, individual laundry/storage rooms, gorgeous desert landscaping, and a pretty central courtyard. More like homes than apartments. The kind of investment you're proud to own.
Details
| MLS# | 6830355 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1961 |
| Days On Site | 47 |
| Listing Provided By | Better Homes & Gardens Real Estate SJ Fowler | James C Stephens |
Features
| Car Port | Yes |
|---|---|
| Pool | Yes |
| Units | 4 |
| Building(s) | 2 |
| Zoning | R-2 |
Market Activity 85281
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Learn More About This Property
| State | AZ |
|---|---|
| County | Maricopa |
| City | Tempe |
| Zip Code | 85281 |
| Area | Maricopa |
| Community Name | JO ELLEN HOMES |
| School District | Tempe Union High School District |
| Listing VS Median (In JO ELLEN HOMES) | |
Price: $1,095,000 low | high Med: $0 On site: 47 low | high Med: | |
"All information should be verified by the recipient and none is guaranteed as accurate by ARMLS"