BEDS3
BATHS
SQUARE FEET1,631
MLS#7025991
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMARILYN ANN UNIT 1
SCHOOLTempe Union High School District
Property Description
Turnkey income from day one -- seller prepays 12 months rent ($36,000) at close of escrow, occupant will sign a 2-year lease, generating $2,185 monthly NOI & a 4.78% cash-on-cash return. Fully remodeled in 2021 ($75,000+), the 1,631 SF block-construction home features white shaker cabinetry, dark quartz countertops, hardwood flooring, matte black fixtures, & a 2-car garage - uncommon in this submarket. Open kitchen-to-family room layout with French doors to a covered patio & tree-lined yard. New Daikin 4-ton HVAC system (2024) with 12-year manufacturer warranty. New 50-gallon gas water heater. 7 blocks from ASU in one of Tempes strongest rental corridors. No HOA.Photos include images taken at purchase reflecting remodel condition, current photos illustrate occupancy.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 2
Heating: Natural Gas
Home Style: Ranch
Lot Size: 0.16 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,581
Year Built: 1960
Feature Descriptions
Assoc. Fee Includes: No Fees
Community Features: Near Bus Stop
Days on Site: 15
Exterior: Block, Painted
Exterior: Storage
Flooring: Carpet, Tile, Wood
Interior: 3/4 Bath Master Bdrm, Eat-in Kitchen, Breakfast Bar, Pantry, Walk-in Pantry, Quartz Countertops, High Speed Internet, No Interior Steps
Laundry: Inside, Gas Dryer Hookup
Parking: Attached Garage
Property Sub Type: Single Family Residence
Water: Public
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: RETSY
Agency Phone: 602-842-0000
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 1,687.66 per month $1,301.96 Principal & Interest $215.08 Property Tax $170.63 Homeowner's Insurance
607 W 15th Street | MLS# 7025991
This single family home located at 607 W 15th Street, Tempe, AZ 85281 is currently listed for sale with an asking price of $585,000. This property was built in 1960 and has 3 bedrooms with 1631 sq. ft. W 15th Street is located in the MARILYN ANN UNIT 1 subdivision within the Tempe Union High School District school district. Search MARILYN ANN UNIT 1 real estate on www.arizonabest.com today.