BEDS0
BATHS
MLS#6919748
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSTATE COLLEGE HOMES LOTS 41-48
SCHOOLTempe Union High School District
Property Description
Exceptional investment opportunity in this well-maintained 9-unit multifamily property! Conveniently located in a desirable, high-demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy. Each unit offers functional layouts, and 15 dedicated parking. All units have been tastefully updated attracting quality long-term tenants. The property sits on a generous lot with potential for future development (buyer to verify). On-site laundry, separate utility meters, This is a turnkey addition to any investors portfolio. Easy access to transit, ASU, shopping, and major employment centers. Whether youre a seasoned investor or entering the multifamily market, this is a rare chance to acquire a stable, cash-flowing asset.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Ceiling Fan(s)
Heating: Electric, Heat Pump
Roof Type: Composition
Taxes: $2,668
Year Built: 1960
Feature Descriptions
Community Features: No Pool, Play Area, Barbecue
Days on Site: 255
Exterior: Sidewalk(s)
Exterior: Block, Wood Frame, Painted
Parking: 1 Space/Unit, Carport
Water: City Franchise
Local Schools
High School: Tempe High School
Middle School: Geneva Epps Mosley Middle School
Elementary School: Holdeman Elementary School
School District: Tempe Union High School District
Listed By / Shown By
Listed By
Agency Name: Civic Center Real Estate
Agency Phone: 602-291-2090
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 4,438.70 per month $3,727.82 Principal & Interest $222.33 Property Tax $488.54 Homeowner's Insurance
1218 S Farmer Avenue | MLS# 6919748
This multi-family property located at 1218 S Farmer Avenue, Tempe, AZ 85281 is currently listed for sale with an asking price of $1,675,000. S Farmer Avenue is located within the Tempe Union High School District school district. Search Tempe real estate on www.arizonabest.com today.