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
Status Change Date: 2023-08-29List Price: $989,000Status: ActiveCurrent Price: $989,000List Date: 2023-04-24Type: EROwnership: Fee SimpleCo-Ownership (Fractional) Agreement YN: NoSubagents: NBuyer/Broker: YBuyer Broker $/%: %Comp to Buyer Broker: 2.5Variable Commission: N
Dwelling Type: Single Family - DetachedDwelling Styles: DetachedExterior Stories: 1# of Interior Levels: 1# Bedrooms: 5# Bathrooms: 5.5Approx SQFT: 2960Price/SqFt: 334.12Horses: NBuilder Name: UNKYear Built: 2023Approx Lot SqFt: 14487Approx Lot Acres: 0.333Flood Zone: NoPool: NoneElementary School: Carminati SchoolJr. High School: Geneva Epps Mosley Middle SchoolHigh School: Tempe High SchoolElementary School District: Tempe Elementary School DistrictHigh School District: Tempe Union High School District
Remarks & Misc
Cross Street: Southern Ave & Kyrene RdDirections: Head south on S Kyrene Rd. Property will be on the right.Geo Lat: 33.387791Geo Lon: -111.944089
Township: 1NRange: 4ESection: 33Lot Number: 4
Association & Fees
HOA Y/N: NPAD Fee Y/N: NLand Lease Fee Y/N: N
Basement Y/N: N
Sep Den/Office Y/N: N
Garage Spaces: 4Total Covered Spaces: 4
Special Listing Cond: N/AAdd'l Property Use: NoneArchitecture: RanchMaster Bathroom: 3/4 Bath Master Bdrm; Double Sinks; Private Toilet RoomMaster Bedroom: Not SplitAdditional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet; Other Bedroom Walk-in ClosetFireplace: No FireplaceFlooring: LaminatePool Features: No PoolSpa: NoneCommunity Features: Biking/Walking PathDining Area: Breakfast Bar; Dining in LR/GRKitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Walk-in Pantry; Granite Countertops; Kitchen IslandLaundry: Washer Included; Dryer Included; Wshr/Dry HookUp Only; InsideOther Rooms: Great RoomFeatures: Vaulted Ceiling(s); Wet Bar; No Interior Steps; Furnished(See Rmrks)Technology: Cable TV Avail; High Speed Internet AvailableExterior Features: Covered Patio(s); StorageParking Features: Dir Entry frm Garage; Electric Door OpenerConstruction: Frame - WoodConst - Finish: Painted; StuccoRoofing: Comp ShingleCooling: Refrigeration; Ceiling Fan(s)Heating: ElectricPlumbing: Electric Hot Wtr HtrUtilities: SRPWater: City WaterSewer: No Sewer/SepticServices: City ServicesFencing: Block; PartialProperty Description: Corner Lot; East/West Exposure; AlleyLandscaping: Dirt Front; Dirt BackShowing Notification Methods: Phone CallLockbox Type: NonePossession: Close of EscrowAssociation Fee Incl: No FeesAssoc Rules/Info: NoneExisting 1st Loan: Treat as Free&ClearNew Financing: Cash; VA; FHA; ConventionalDisclosures: Agency Discl Req
Listing Office: Prestige Realty
Last Updated: September - 22 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.