Address
1135 N Harold Street Tempe, AZ
Price
$ 1,299,000
Property Attributes
  • MLS#6096476
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodCraftsman On Harold
  • Zip85281
  • Style
  • Year Built2019
  • Taxes7947
  • Price$ 1,299,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4280
Listing Provided Courtesy Of:
HomeSmart
Property Description

Craftsman on Harold consists of 2 individually-metered town homes built in 2019, generating $75,294.98 NOI, located in an Opportunity Zone! Units are now being sold together but can be sold individually later. Fully leased through July 30, 2021. 12-month student leases signed with parent co-signers, with a solid cash flow of $7,925 per month gross rental income - 5.80 CAP rate. Tenants pay all utilities. Value-add opportunity exists by continuing to raise rents. Each unit is 2,140 SF, 4 large bedrooms, 3.5 baths, large front porch, large great room with a gorgeous kitchen. Granite slab counters everywhere and very nice SS Kitchen Aid appliances, commercial-grade wood plank-like vinyl floors everywhere for durability. No HOA. In demand, convenient, urban location only 1 mile from ASU and

Price History
6/29/2020 Listed $1,299,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 3962.50
4 Bedrooms Units: Avg Sqft 2140
Construction Frame - Wood
Features No Pool
Map Code/Grid Q37
Net Income 75294.98
New Financing 1031 Exchange, Conventional
Owner Pays Landscaping
Parking Auto Door Opener, Garage, Street Parking
Property Type F
Public Remarks Craftsman on Harold consists of 2 individually-metered town homes built in 2019, generating $75, 294.98 NOI
School District 003 - Tempe School District
Special Owner/Agent
Status Active
Subdivision CRAFTSMAN ON HAROLD
Tenant Pays Cable TV, Electric, Gas, Sewer, Trash, Water
Year Built 2019
Zoning R-2

Interior Features

4 Bedrooms Units: # 4 Bedroom Units 2
4 Bedrooms Units: # Baths 4
Appliances Included BI Oven/Range, Compactor, Dishwasher, Disposal, Microwave, Refrigerator
Cooling 2 or More Units, Central A/C, Electric Refrigeratd
Electric APS, Individual Meter
Floors Vinyl/Composition
Gas Individual Meter, SW Gas
Heating 2 or More Units, Ceiling Fan(s), Central, Gas
Total Number of Units 2.00

Exterior Features

Sale Includes Land & Building
Const - Finish Brick Trim/Veneer, Painted, Stucco
Covered Parking Spcs 4.00
Lot Size Dimensions 62' x 124'
Roof Concrete
Sewer Sewer - Public, Sewer-In & Connected
Total Parking Spcs 10.00
Water City Franchise, Individual Meter

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85281

Price
AVG $760K
$1.3M
Taxes
AVG $2,739
$7,947
Visits
AVG 361
36
Year Built
AVG 1968
2019

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