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Incredible Value-Add Opportunity! This prime investment property is in an Opportunity Zone and offers huge potential for savvy investors to increase returns. Fully occupied and with below-market rents, this well-maintained fourplex is ready for a strategic value-add play. Renovated in 2018 with a new roof and HVAC, it's situated in the heart of Tempe, steps from ASU, Mill Ave, and public transit"”making it a hot spot for consistent rental demand. With its ideal location and opportunity for growth, this is the chance to capitalize on a high-demand area and elevate your portfolio with long-term appreciation and tax benefits!
Property Type(s):
Multi Family
| Last Updated | 9/30/2024 | Tract | STATE PLAT NO 12 AMD |
|---|---|---|---|
| Year Built | 1970 | Community | STATE PLAT NO 12 AMD |
| County | Maricopa |
Price History
| Prior to Sep 30, '24 | $1,000,000 |
|---|---|
| Sep 30, '24 - Today | $950,000 |
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Washer/Dryer |
| CONSTRUCTION | Stucco |
| HEAT | Natural Gas |
| LOT DIMENSIONS | 11,326 |
| SEWER | Public Sewer |
| SUBDIVISION | STATE PLAT NO 12 AMD |
| TAXES | 2609 |
| ZONING | Multi Family |
Location
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Listed with eXp Realty
The ARMLS logo indicates a property listed by a real estate brokerage other than Joe Szabo RE/MAX Fine Properties.
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.
Data last updated 11/24/24 7:27 PM PST.
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.
Data last updated 11/24/24 7:27 PM PST.
This IDX solution is (c) Diverse Solutions 2024.
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