37 E El Parque Drive, Tempe, AZ 85282
- $706,000
- Sold Price
- $706,000
- List Price
- $650,000
- Closing Date
- Feb 01, 2021
- Days on Market
- 181
- Status
- CLOSED
- MLS#
- 6101102
- City
- Tempe
- Year Built
- 1957
Property Description
Great 6 Unit Investment Opportunity or redevelopment opportunity In the heart of Tempe!! Located within walking distance to Arizona State University; one of the largest public universities in the country with total enrollment of over 82,000 students. This property needs a full makeover but once fully renovated the units will rent for: 2/1's - $1150-1200 p/mo 1/1's - $800-900 making asset est value $1m+. Deals like this are hard to come by in Tempe where you can make them your own and still have equity in the property.
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Additional Information
- Elementary School
- Broadmor Elementary School
- High School
- Tempe High School
- Middle School
- Connolly Middle School
- School District
- Tempe Union High School District
- Community Features
- No Pool
- Construction
- Stone, Block
- Cooling
- Evaporative Cooling
- Electric
- SRP, Individual Meter
- Flooring
- Other
- Heating
- Electric, Natural Gas
- New Financing
- Conventional, 1031 Exchange
- Parking Features
- Other (See Remarks)
- Roofing
- Composition
- Sewer
- Public Sewer
- Taxes
- $3,647
- Tax Year
- 2019
- Tenant Pays
- Gas, Electricity, Water, Sewer, Landscaping
- Units
- 6
- Water
- Individual Meter
- Zoning
- [M-H] [R-3]
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Listing courtesy of Venture REI, LLC. Selling Office: Two Brothers Realty & Co.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.