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1039 E Spence Ave
Tempe, AZ 85281
Jentilly · Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 2,958 SF
Average Occupancy 100%
No. Stories 1
Year Built 1964
Parking Ratio 1.35/1,000 SF
Zoning Multifamily

AMENITIES

UNIT AMENITIES

  • Washer/Dryer

ABOUT 1039 E SPENCE AVE , TEMPE, AZ 85281

We are pleased to announce a turn key remodeled Tempe 4 plex walking distance to ASU. This is amazing Tempe location near the light rail, malls, shopping, restaurants & freeways. This building has been updated with major capital improvements. Kitchens, granite counter tops, washer and dryers added to all units. New electrical panels, floors, bathrooms, tank less water heaters, new parking lot, new yards, new lighting, new yards, new roof and much more. Also this complex is fully rented with 2 year leases in place two at $1,500 (2) bedroom 1 bath units. One 1 bed $1,300 and one at $1,250. They are leased to tenants who run as short term rentals. Amazing return for the next two years with these leases in place. Self Manged. All facts & figures are approximate buyer verify MLS information

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133-10-048
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$20,921
  • Listing ID: 16089763

  • Date on Market: 5/17/2019

  • Last Updated:

  • Address: 1039 E Spence Ave, Tempe, AZ 85281

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