MLS® ID: 5987918

1222 S Farmer Avenue

Tempe, Arizona, 85281

$525,000 Active
  • - SQFT
Three-plex within walking distance of ASU and Mill Ave! Two (2) one-bedroom units and one (1) studio.Leases on 2 of the units expire within the next 90 days. Minimal remodeling would increase rents in these units by 30 to 40%.!! Newly-painted exterior and new low-water, low-maintenance landscaping. One bedroom units are large enough to add stackable washer/dryer units. Individually metered for gas & electric. Huge backyard with artificial turf, but could also be developed to add 2, possibly 3, new units. Parking in the front, as well as covered parking in back. 1218 S. Farmer sale next door...6 units listed for $960,000. All facts & figures are approximate. Buyer to verify MLS info. Drive-by only, tenants are unaware of sale
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Listing courtesy of Grace CRE

Amenities

  • Zip
    85281
  • Office name
    Grace CRE
  • Subdivision
    State College Homes Lots 30-40
  • Property type
    Multiple Dwellings
  • Zoning type
    c-3
  • School district
    003 - Tempe School District
  • Elementary school
    Other
  • Junior high
    Other
  • High school
    Other
  • Year built
    1947
  • Lot size
    19000 sq
  • Sewer
    Sewer - Public
  • Heating
    Individual
  • Tax year
    0
  • Agent name
    Sophia J Willets
  • Tax amount
    $ 2056.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $500k-$600k
  • Area
    Tempe
  • Year Built Range
    1989 (and earlier)
  • Office ID
    grcr001
  • Agent ID
    sb658

Location

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