Tempe, AZ 85282,1217 W Southern Avenue
Tempe, AZ 85282,1217 W Southern Avenue
Tempe, AZ 85282,1217 W Southern Avenue
Tempe, AZ 85282,1217 W Southern Avenue
Tempe, AZ 85282,1217 W Southern Avenue
Tempe, AZ 85282,1217 W Southern Avenue
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$ 895,000
Est. payment | /mo

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$ 895,000
Est. payment | /mo
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Westway Park

MLS Listing ID 6819034

Maintenance Fees $420

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $2,533

Tax Year 2023

Lot Dimensions 9250

Property Description

1217 W Southern Ave is a 4-unit multifamily community located in the West Tempe Submarket of Tempe, AZ. This asset is strategically positioned within close proximity to the ASU Tempe campus, and features 100% two-bedroom, 1 bathroom floorplans averaging approximately 750 sq. ft. The building underwent a significant renovation in 2017 and has a new roof along with on-site laundry and storage. Each unit features fully renovated interiors and a gated patio area, with a current average rent of $1,738/month. This is a unique opportunity to acquire a turn-key asset located in a highly desirable location.

Location

State AZ

County Maricopa

Community Westway Park

Zoning M-M

Interior

Heating Other, See Remarks, None

Cooling Electric

Flooring Ceramic Tile

Appliance F/S Oven/Range, Microwave

Exterior

Parking Features Common

Community Features No Pool

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Tempe Union High School District

Others

Senior Community No

Tax ID 123-42-069

Acceptable Financing Conventional

Listing Terms Conventional

Arizona Regional MLS (ARMLS)
Listed by Matthews Real Estate Investment Services
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42201 N 41st Dr Suite B144, Anthem, AZ, 85086, United States

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1217 W Southern Avenue