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$1,450,000
141 W 9th St, Tempe, AZ 85281
0 Beds
0 Baths
n/a SqFt

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Location, location Location! This prime property is walking distance to ASU, Gammage & downtown Tempe! Excellent value add opportunity or redevelopment opportunity as you can't beat this popular location! OR live in the large main home & then have the rent from the other 3 units help pay your mortgage! This classic property, which may be eligible to be on the city's historic property registry, consists of 4 units total with 2 separate buildings: One 3 bed 2 bath home with 2 car garage with a 1 bed 1 bath unit above the garage, plus a 2 bed 2 bath home with a studio unit on the back side. The adjacent property lot at 905 S Ash Ave is also available & may be sold together or separately. If purchased together, that would make 7 units total between the two properties!
  • Price:
  • $1,450,000
  • Year Built:
  • 1921
  • Listing ID #:
  • 6423390
  • Street Address:
  • 141 W 9th St
  • City:
  • Tempe
  • State:
  • Arizona
  • Postal Code:
  • 85281
  • County:
  • Maricopa
  • Subdivision:
  • Gage Add 22, 27
  • Listing Status:
  • Active
  • Listing Type:
  • ResidentialMultiFamily
School District: 003 - Tempe School District
3
out of 5

Tavan Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 726 students
School Teachers 15 student/
teacher
1
out of 5

Tempe High School
Public
School Grade Level 9-12
School Students 1697 students
School Teachers 17 student/
teacher
  • Construction Description:
  • Block
  • Exterior Features:
  • Green Landscaping, Patio/Balcony
  • Flooring:
  • Carpet, Wood
  • Interior Features:
  • Fire/Smoke Alarm(s), Unfurnished
  • Number Of Units:
  • 4.00
  • Siding:
  • Painted
  • Type Of Roof:
  • Comp Shingle
  • Year Built:
  • 1921
  • Adjusted Gross Income:
  • 68160.60
  • Annual Electric Expenses:
  • 5086.00
  • Annual Gas Expenses:
  • 1244.00
  • Annual Insurance Expenses:
  • 3200.00
  • Annual Landscape Expenses:
  • 1680.00
  • Annual Maintenance Expenses:
  • 5000.00
  • Annual Management Expenses:
  • 5432.32
  • Annual Water/Sewer Expenses:
  • 2950.00
  • Net Operating Income:
  • 37830.28
  • Operating Expense:
  • 30330.32
  • Conforms To Zoning:
  • R3
  • Community Features:
  • No Pool
  • Included In Sale:
  • Building(s) Only
  • Terms:
  • Conventional, Seller May Carry
  • Owner Pays:
  • Electric, Gas, Landscaping, Sewer, Trash Collection, Water
  • Property Taxes:
  • $4,238
  • Tenant Pays:
  • None, Other (see Remarks)
  • Covered Parking Spaces:
  • 3.00
  • Parking Description:
  • Garage, Street Parking
  • Parking Spaces:
  • 3.00
  • Appliances:
  • Refrigerator, W/D Hookup, Washer/Dryer
  • Cooling System:
  • Central A/C
  • Electricity:
  • Srp
  • Existing Water:
  • City Franchise
  • Gas:
  • Sw Gas
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Daniel Rosenbaum with Rosenbaum Realty Group
  • ARMLS

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