3924 S KYRENE Road, Tempe, AZ 85282 (MLS# 6548220)

3924 S KYRENE Road, Tempe, AZ 85282

$989,000

Property Type: Residential Bedrooms: 5 Baths: 5.5 Square Footage: 2,960 Lot Size (sq. ft.): 14,487 Status: Active

Current Price: $989,000 Last Modified: 9/22/2023

Description

Great investment property! Tenant in place for $6,800 per month. Stunning 5-bedroom, 5.5-bathroom. large 4-car garage with additional storage space, a parking area in front, & new 8x8 pavered tiled driveway. Gross rents of $81,600 annually. Cap rate of 7.9%. House has potential for higher income, as student or corporate housing, or possible Airbnb, NO HOA!

Supplements: family members or guests. One bedroom boasts a wet bar & separate entrance ideal for an office space! Discover a 4000 sqft backyard with a covered patio & storage area. The backyard & side yard landscaping is in progress! Let's not forget about the artificial turf in the front yard & the 6ft block privacy fence around the entire home! Unique opportunity to own an exceptional property combining elegance, comfort, & practicality!

More Information MLS# 6548220

Contract Information

Status Change Date: 2023-08-29 List Price: $989,000 Status: Active Current Price: $989,000 List Date: 2023-04-24 Type: ER Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2.5 Variable Commission: N

Location, Tax & Legal

Map Code/Grid: R36 House Number: 3924 Compass: S Street Name: KYRENE St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Country: USA County Code: Maricopa Assessor's Map #: 46 Assessor's Parcel #: 118 Assessor Number: 123-46-118 Legal Description (Abbrev): LOT 4 COYOTE CROSSING MCR 125643 Subdivision: COYOTE CROSSING Tax Municipality: Tempe Taxes: 1304 Tax Year: 2022

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 5 # Bathrooms: 5.5 Approx SQFT: 2960 Price/SqFt: 334.12 Horses: N Builder Name: UNK Year Built: 2023 Approx Lot SqFt: 14487 Approx Lot Acres: 0.333 Flood Zone: No Pool: None Elementary School: Carminati School Jr. High School: Geneva Epps Mosley Middle School High School: Tempe High School Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District

Remarks & Misc

Cross Street: Southern Ave & Kyrene Rd Directions: Head south on S Kyrene Rd. Property will be on the right. Geo Lat: 33.387791 Geo Lon: -111.944089

Legal Info

Township: 1N Range: 4E Section: 33 Lot Number: 4

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Parking Spaces

Garage Spaces: 4 Total Covered Spaces: 4

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Ranch Master Bathroom: 3/4 Bath Master Bdrm; Double Sinks; Private Toilet Room Master Bedroom: Not Split Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace: No Fireplace Flooring: Laminate Pool Features: No Pool Spa: None Community Features: Biking/Walking Path Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Walk-in Pantry; Granite Countertops; Kitchen Island Laundry: Washer Included; Dryer Included; Wshr/Dry HookUp Only; Inside Other Rooms: Great Room Features: Vaulted Ceiling(s); Wet Bar; No Interior Steps; Furnished(See Rmrks) Technology: Cable TV Avail; High Speed Internet Available Exterior Features: Covered Patio(s); Storage Parking Features: Dir Entry frm Garage; Electric Door Opener Construction: Frame - Wood Const - Finish: Painted; Stucco Roofing: Comp Shingle Cooling: Refrigeration; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water: City Water Sewer: No Sewer/Septic Services: City Services Fencing: Block; Partial Property Description: Corner Lot; East/West Exposure; Alley Landscaping: Dirt Front; Dirt Back Showing Notification Methods: Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Assoc Rules/Info: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Agency Discl Req

Listing Office: Prestige Realty

Last Updated: September - 22 - 2023