Active

1127 E WEBER Drive

Tempe AZ, 85288

$497,500


Active

Other

Built in 1962

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!

6761938

MLS ID

October 1, 2024

Listed

October 14, 2024

Updated

Map

1127 E WEBER Drive
Tempe AZ, 85288

Interior Features

Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump, Electric, Ceiling Fan(s)


Heating

Yes


Heating Description

Heat Pump, Natural Gas

Exterior/Building Features

Roof

Foam


Sewer

Public Sewer

School Information

School District

Tempe Elementary School District


High School

Tempe High School


Elementary School

City Of Tempe Kid Zone Preschool

Other Property Details

Taxes

$1,270


Tax Frequency

Annually


Days on Market

10


Garage

No


Parking

Assigned, Attached, Common


Parking Total

6


View

No


County

Maricopa


Water Source

City Franchise


Pool

No


Zoning

R2

Courtesy of Windermere Real Estate & Property Management

Listing Contact: 480-766-6695 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Valley Boys Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 7:00 PM UTC, 10/14/2024.

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