Tempe Investment Property with Cash Flow
Long term tenant in place with immediate money for investors! View the Matterport walking tour to familiarize yourself with this great opportunity. Copy of lease, viewing, and inspections only upon accepted contract.
$519,000
Tempe, AZ 85282
MLS# 6290400
Status: Closed
3 beds | 2 baths
1 / 37
Property Description
INVESTORS ONLY. Immediate cash flow. Great rental in good shape with very conscientious tenants and $2,400 monthly lease through March 31,2023. No HOA. Close to major freeways, shopping, and ASU. Complete walking tour available with pictures. 3 bedrooms, 2 bathrooms, family room, living room, dining room, and pool. 2 car-garage has a wall AC and can double as an extra room. Large indoor laundry currently serves as a home office with it's own air conditioner. Dual pane windows on the back side of home. Fabulous backyard includes a large and permanent work and storage shed.
Details
Maps
Documents
Contract Information
Status Change Date: 2021-12-01
Sold Price: $519,000
Status: Closed
Current Price: $519,000
List Date: 2021-09-08
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: Y
Location, Tax & Legal
Map Code/Grid: R37
House Number: 3313
Compass: S
Street Name: KENWOOD
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 5964
Country: USA
County Code: Maricopa
Assessor's Map #: 36
Assessor's Parcel #: 49
Assessor Number: 133-36-049
Legal Description (Abbrev): LOT 506 TEMPE ROYAL PALMS UNIT 6 MCR 011822
Subdivision: TEMPE ROYAL PALMS UNIT 6
Tax Municipality: Tempe
Taxes: 2242
Tax Year: 2021
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1916
Price/SqFt: 270.87
Horses: N
Builder Name: Unknown
Year Built: 1969
Approx Lot SqFt: 8250
Approx Lot Acres: 0.189
Flood Zone: No
Pool: Private Only
Elementary School: Curry Elementary School
Jr. High School: Connolly Middle School
High School: McClintock High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: Loop 101 and Southern
Directions: West on Southern, south on Kenwood
Geo Lat: 33.392507
Geo Lon: -111.90162
Status Change Info
Off Market Date: 2021-12-01
Under Contract Date: 2021-10-02
Close of Escrow Date: 2021-11-30
Sold Price: $519,000
Legal Info
Township: 1N
Range: 4E
Section: 36
Lot Number: 506
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Contact Info
List Agent Home Phn: 602-300-0374
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 8500
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Fireplace: 1 Fireplace; Fireplace Family Rm
Flooring: Carpet; Laminate; Tile
Windows: Dual Pane
Pool Features: Private
Spa: None
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar
Kitchen Features: Range/Oven Elec; Cook Top Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Pantry
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room
Technology: Cable TV Avail; High Speed Internet Available
Exterior Features: Storage
Parking Features: Electric Door Opener
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Cooling: Refrigeration; Ceiling Fan(s); Window/Wall Unit
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: East/West Exposure
Landscaping: Dirt Back; Gravel/Stone Front; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Showing Notification Methods: Text
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Seller Property Disclosure Listing Office: Metro Phoenix Homes, LLC
Last Updated: January - 04 - 2023
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This Tempe investment property with cash flow will have numerous upgrades & maintenance items performed for the new owners! Evaluate the numbers and send us an offer.
