x
Price Reduction
Address
1024 E Curry Road Tempe, AZ
Price
$ 1,280,000
Property Attributes
  • MLS#5934570
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodCraftsman On Curry
  • Zip85281
  • Style
  • Year Built2017
  • Taxes11865
  • Price$ 1,280,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5900
Listing Provided Courtesy Of:
HomeSmart
Property Description

Craftsman on Curry consists of 2 individually-metered town homes located in an OPPORTUNITY ZONE! Units are being sold together but can be sold individually. Fully leased beginning August 1, 2019. 12-month leases signed, all tenants have moved in and have parent co-signers, and $8,800 per month gross rental income - 6.30 CAP rate. Tenants pay all utilities. Each unit is 2,950 SF, 4 very large bedrooms each with a full in-suite bath, huge front porch, large great room with a gorgeous kitchen. Granite slab counters everywhere and very nice SS Kitchen Aid appliances, wood plank-like tile floors everywhere except bedrooms for durability. No HOA. In demand, convenient, urban location only 1 mile from ASU and close to the 202, Tempe town lake business parks, and PHX airport.

Price History
6/3/2019 Listed $1,299,000
8/9/2019 2% - $1,280,000

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 4400.00
4 Bedrooms Units: Avg Sqft 2950
Construction Frame - Wood
Features No Pool
Listing Status Active
Map Code/Grid Q37
Net Income 80683.52
New Financing Conventional, 1031 Exchange, No Carry
Owner Pays Landscaping
Property Type F
Public Remarks Craftsman on Curry consists of 2 individually-metered town homes located in an OPPORTUNITY ZONE! Units are being sold together but can be sold individually. Fully leased beginning August 1
School District 003 - Tempe School District
Special Owner/Agent
Subdivision CRAFTSMAN ON CURRY
Tenant Pays Water, Sewer, Electric, Gas, Trash, Cable TV
Year Built 2017
Zoning R-2

Interior Features

4 Bedrooms Units: # 4 Bedroom Units 2
4 Bedrooms Units: # Baths 4
Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
Cooling Central A/C, Electric Refrigeratd, 2 or More Units
Electric APS, Individual Meter
Floors Carpet, Ceramic Tile
Gas Underground, Individual Meter, SW Gas
Heating Gas, Ceiling Fan(s)
Interior Features Unfurnished, Shutters, Mini Blinds
Total Number of Units 2.00

Exterior Features

Sale Includes Building(s) Only, Land & Building
Const - Finish Painted, Stucco, Stone
Covered Parking Spcs 4.00
Exterior Features Landscape Wtr System, Fenced, Cable TV Available, Patio/Balcony, Security Light(s)
Lot Size Dimensions 65' x 126'
Parking Garage, Free, Auto Door Opener
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 $2.43M
$1.28M
Taxes
AVG $13,699
$11,865
Visits
AVG 233
370
Year Built
AVG 1980
2017

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