13201312 W 5TH Street new

Tempe,AZ 85281

$ 1150000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Jo-Ellen Homes

MLS Listing ID 6830355

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1961

Annual Tax Amount $1,408

Tax Year 2024

Lot Dimensions .384 acres

Property 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 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 from $1795-$1595. 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.

Location

State AZ

County Maricopa

Community Jo-Ellen Homes

Zoning R-2

Direction 202 to Priest to 5th.

Interior

Heating Heat Pump,Electric

Cooling Electric,Heat Pump

Flooring Other,Ceramic Tile

Appliance Other (See Remarks),F/S Oven/Range,Washer/Dryer

Exterior

Parking Features Free,RV/Boat Parking,Add'l Parking Avail,1 Space/Unit,Common

Community Features Other,See Remarks,No Pool

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-28-034

Acceptable Financing Conventional

Listing Terms Conventional

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