Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mariana Park I
MLS Listing ID 6829903
Maintenance Fees $1,270
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1959
Annual Tax Amount $1,320
Tax Year 2024
Lot Dimensions 7030
Property Description
Enjoy exceptional connectivity with minutes-away access to major highways, facilitating effortless commutes throughout the Phoenix metropolitan area. This strategic location contributes to the property's history of rarely experiencing vacancies, providing a reliable and steady income stream. The property is the end lot of a culdesac with four covered parking spaces. Units feature 1bedroom 1 bathroom units with a seller-owned onsite coin laundry.
This is not just a stable investment; it's an opportunity for growth. Current market analysis indicates significant room to increase rents, allowing you to maximize your return.
For qualified buyers, the seller is offering seller financing, making this an even more accessible and attractive investment prospect. Don't miss out on this chance to acquire a prime Tempe property with exceptional potential.
Drive by only, tenants are unaware of the sale. Do Not Disturb.
All facts and figures are approximate, buyer verify MLS information.
Seller is related to listing agent.
Location
State AZ
County Maricopa
Community Mariana Park I
Zoning M-H
Direction West on University, South on Dorsey (light), West on Orange, Bldg on NW corner of Mariana & Orange. Please do not disturb residents.
Interior
Heating Individual, Electric
Cooling Central A/C
Flooring Other, Ceramic Tile, Vinyl, Concrete
Appliance Other (See Remarks), F/S Oven/Range
Exterior
Parking Features Other (See Remarks), 1 Space/Unit, Street Parking, Common
Community Features No Pool
Roof Type Rolled/Hot Mop
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
Elementary Schools Cecil Shamley School
Middle Schools Cecil Shamley School
High Schools Mcclintock High School
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-73-147
Acceptable Financing Conventional, Owner May Carry, VA Loan
Listing Terms Conventional, Owner May Carry, VA Loan
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