Urban in-fill project. Prime, new construction location with exceptional opportunity for multiple townhomes or apts. Excellent for diversifying investment portfolio with steady rental revenue in fast growing metro area. Opportunity to acquire adjoining property to expand total buildable potential. Buildable potential: 6 units Lot size: 73' x 202' 306 S. Hardy Dr, Tempe 85281 124-29-075K Ideal location with EZ access to all points of interest in the Valley of the Sun. Minutes from ASU. Tentants' privacy is of utmost importance. Please do not disturb.
- Price:
- $865,000
- Year Built:
- 1950
- Listing ID #:
- 6492854
- Street Address:
- 306 S Hardy Dr
- City:
- Tempe
- State:
- Arizona
- Postal Code:
- 85281
- County:
- Maricopa
- Subdivision:
- State Plat No 12 Amd
- Listing Status:
- Active
- Listing Type:
- ResidentialMultiFamily
PRESCHOOL-5
500 students
16 student/teacher
9-12
1697 students
17 student/teacher
- Construction Description:
- Block, Frame - Metal, Slump Block
- Flooring:
- Carpet, Ceramic Tile, Concrete
- Number Of Units:
- 1.00
- Siding:
- Brick Trim/Veneer, Painted, Stone, Stucco
- Type Of Roof:
- Concrete, Tile
- Year Built:
- 1950
- Annual Electric Expenses:
- 2500.00
- Annual Gas Expenses:
- 200.00
- Annual Insurance Expenses:
- 1500.00
- Annual Landscape Expenses:
- 500.00
- Annual Legal & Accounting Expenses:
- 125.00
- Annual Maintenance Expenses:
- 1200.00
- Annual Water/Sewer Expenses:
- 800.00
- Net Operating Income:
- 800.00
- Operating Expense:
- 9082.00
- Conforms To Zoning:
- R20
- Community Features:
- See Remarks
- Included In Sale:
- Land & Building
- Terms:
- Conventional, No Carry
- Owner Pays:
- Water
- Property Taxes:
- $2,257
- Tenant Pays:
- Cable Tv, Electric, Gas
- Parking Description:
- Free
- Parking Spaces:
- 6.00
- Appliances:
- Refrigerator
- Cooling System:
- Central A/C
- Electricity:
- Aps
- Existing Water:
- Individual Meter, Irrigation
- Gas:
- Sw Gas
- Heating:
- Electric
- Sewage Type:
- Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Jared English 888-229-2009 with Congress Realty
