$310,000 1714 E 12th Street Tempe, AZ

MLS: 5717333   Type: Multi-Family   County: Maricopa   City: Tempe   Neighborhood: Borden Homes   Zip: 85281     Taxes: $1,231

Mortgage $1,455 /mo



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Situated in a quiet residential neighborhood, this low-maintenance tri-plex is perfect for a ''hands-off'' investor and tenants serious about their studies at Arizona State University (ASU). The tri-plex has one 2 bedroom, 1 bathroom unit with laundry and 2 one bedroom, 1 bathroom unit. Less than a mile from ASU, one mile from Tempe Marketplace (with a movie theater, shops, and entertainment), and a quarter-mile from the closest light rail stop.. This is right in the middle of all of the action! Surrounded by shopping, eateries, and entertainment, your tenants will be so pleased with the location. Close to Scottsdale, downtown, and the airport. A fresh coat of paint and a bike rack could easily increase margins! *Tenant occupied, do not disturb

Elementary School

Middle School

High School

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Price History

2/1/2018 Listed $380,000
3/8/2018 6% - $360,000
3/29/2018 6% - $340,000
6/4/2018 9% - $310,000

1 Bedroom Units: Avg Rent 452.00
2 Bedroom Units: Avg Rent 615.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
Construction Block
Listing Status Active
Map Code/Grid R37
Net Income 20004.00
New Financing Conventional
Owner Pays Water, Landscaping, Trash, Sewer
Property Type F
Public Remarks Situated in a quiet residential neighborhood
School District 003 - Tempe School District
Subdivision BORDEN HOMES
Tenant Pays Water, Trash, Electric, Sewer
Type ER
Year Built 1971
Zoning R2

Interior Features

1 Bedroom Units: # 1 Bedroom Units 2
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 600
2 Bedroom Units: # 2 Bedroom Units 1
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 700
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
Appliances Included Other (See Remarks)
Cooling Electric Refrigeratd
Electric SRP
Floors Carpet, Vinyl/Composition
Gas None
Heating Electric
Interior Features Other (See Remarks)
Total Number of Units 3.00

Exterior Features

Complex Features No Pool
Const - Finish Painted
Covered Parking Spcs 0.00
Exterior Features Partially Fenced, Separate Storage
Lot Size Dimensions 60 x 121
Parking 1 Space/Unit, Add'l Parking Avail, Paved Parking
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 6.00
Water City Franchise

Property Schools

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Property vs Zip Code Avg (85281)

Price 310K Avg 2.04M

Sqr Feet 1,900 Avg 2,086

Cost / Sqr Ft $163 Avg $982

Taxes $1,231 Avg $6,176

Visits 159 Avg 214

Days on Site 50 Avg 79

Walkscore® 69 Avg 59

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Listing Provided Courtesy Of: Century 21 Northwest

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Location & Address

Matt Pennington
6642 E Baseline Rd Ste 101
Mesa, AZ