1224 S Smith Rd
Tempe, AZ 85281
Smith Apartments · Multifamily Property For Sale
·
4 Units
Investment Highlights
- $4458 total monthly rent. Rents are: Unit A: $1250 Unit B: $1130 Unit C: $1020 Unit D: $1058
- Low Maintenance, All 4 Kitchen upgraded to new cabinets, granite countertop. Inside laundry
- All tenants receive Section 8 assistance
Property Facts
| No. Units | 4 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 2,576 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Zoning | C-G | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,576 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | C-G |
Amenities
Unit Amenities
- Washer/Dryer
Site Amenities
- Courtyard
- Picnic Area
- Cabana
- Pet Play Area
- Storage Space
About 1224 S SMITH RD , TEMPE, AZ 85281
Fully occupied 4plex, in heart of Tempe, located walking distance from Smith/Apache Light rail stop. All units are 2bed/1bath. All units have new kitchen cabinets, granite counter tops. All units feature in-unit laundry, with stackable washer-dryer. Exterior of building recently painted, 3 of units interior also got painted in last one year. All 4 units gets Section 8 assistance, monthly rent from City of Tempe is usually deposited 10 days before rent is due. Extra storage at back, that can be used for Coin laundry for extra income. No showing until accepted offer. Pictures taken when units were vacant. Currently drawing $4458 total monthly rent. Rents are: Unit A: $1250 Unit B: $1130 Unit C: $1020 Unit D: $1058 Buyer to verify all information.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 644 |
Property Taxes
| Parcel Number | 132-67-062L | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $14,136 |
Property Taxes
