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.
©2024 Arizona Regional Multiple Listing Service. All rights reserved.
Data Last Updated: 7:00 PM UTC, 10/14/2024.