1127 E WEBER Drive Active Save Request In-Person Tour Request Virtual Tour
Tempe,AZ 85288
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision North Tempe 2
MLS Listing ID 6761938
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $1,270
Tax Year 2023
Lot Dimensions 65x117
Property Description
Excellent investment opportunity, this Duplex is located in the highly sought after area of Tempe North, which is an up and coming, high growth area of N Tempe; lots of new construction and rehabs abound. Location, Location, Location: less than a mile to 202/Tempe Town Lake/ASU and more; just blocks to mass transit, less than 4 miles to: Phoenix Sky Harbor Airport, Old Town Scottsdale and more! Well maintained, remodeled just over a decade ago with new low E windows, Trane ACs, roof, underground plumbing, and more. Separate electric meters for each unit. Both units are 2 bedrooms,1 bath, carport with private storage areas, both have units have fenced yards. Zoning is R-2 and opportunity to add more sf to increase rents etc., buyer to verify with city of Tempe. Stated rents ($ 1,250 per unit) are based on current market comps of $ 1,200-1,300/mo., as landlord hasn't raised rents in over a decade so current rents are well below market comps; buyer to verify all facts and figures. Tenants have been on a month-to-month rental basis for over a decade.
Multiple comps in area around 500k and this property might be better as it's located on Weber Dr. with beautiful 3 story newer homes located across the street!
Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!
Location
State AZ
County Maricopa
Community North Tempe 2
Zoning R2
Direction From Scottsdale Rd proceed East on Weber Dr to the property, it will be on your Right. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!
Interior
Heating Heat Pump,Natural Gas
Cooling Heat Pump,Electric,Ceiling Fan(s)
Flooring Ceramic Tile
Appliance F/S Oven/Range,Microwave,W/D Hookup
Exterior
Garage Assigned,Attached,Common
Community Features No Pool
Waterfront No
Roof Type Foam
Parking Type Assigned,Attached,Common
Total Parking Spaces 6
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools City Of Tempe Kid Zone Preschool
Middle Schools Tempe High School
High Schools Tempe High School
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-13-013
Acceptable Financing Conventional,FHA,VA Loan
Listing Terms Conventional,FHA,VA Loan