If you need assistance, please call 602-441-3702

1135 N Harold St, Tempe, AZ 85281
0 Beds
0 Baths
n/a sqft

Share

   
OR
Photos
Map
Craftsman on Harold consists of 2 individually-metered town homes built in 2019, generating $75,294.98 NOI, located in an Opportunity Zone! Units are now being sold together but can be sold individually later. Fully leased through July 30, 2021. 12-month student leases signed with parent co-signers, with a solid cash flow of $7,925 per month gross rental income - 6.13 CAP rate. Tenants pay all utilities. Value-add opportunity exists by continuing to raise rents. Each unit is 2,140 SF, 4 large bedrooms, 3.5 baths, large front porch, large great room with a gorgeous kitchen. Granite slab counters everywhere and very nice SS Kitchen Aid appliances, commercial-grade wood plank-like vinyl floors everywhere for durability. No HOA. In demand, convenient, urban location only 1 mile from ASU an
  • Price:
  • $1,229,000
  • Year Built:
  • 2019
  • Listing ID #:
  • 6096476
  • Street Address:
  • 1135 N Harold St
  • City:
  • Tempe
  • State:
  • Arizona
  • Postal Code:
  • 85281
  • County:
  • Maricopa
  • Subdivision:
  • Craftsman On Harold
  • Listing Status:
  • Active
  • Construction Description:
  • Frame - Wood
  • Flooring:
  • Vinyl/Composition
  • Number Of Units:
  • 2.00
  • Siding:
  • Brick Trim/Veneer, Painted, Stucco
  • Type Of Roof:
  • Concrete
  • Year Built:
  • 2019
  • Adjusted Gross Income:
  • 93198.00
  • Annual Electric Expenses:
  • 150.00
  • Annual Insurance Expenses:
  • 600.00
  • Annual Landscape Expenses:
  • 600.00
  • Annual Management Expenses:
  • 7455.84
  • Annual Water/Sewer Expenses:
  • 150.00
  • Net Operating Income:
  • 75294.98
  • Operating Expense:
  • 19805.02
  • Conforms To Zoning:
  • R-2
  • Community Features:
  • No Pool
  • Included In Sale:
  • Land & Building
  • Terms:
  • 1031 Exchange, Conventional
  • Property Taxes:
  • $7,947
  • Tenant Pays:
  • Cable Tv, Electric, Gas, Sewer, Trash, Water
  • Covered Parking Spaces:
  • 4.00
  • Parking Description:
  • Auto Door Opener, Garage, Street Parking
  • Parking Spaces:
  • 10.00
  • Appliances:
  • Bi Oven/Range, Compactor, Dishwasher, Disposal, Microwave, Refrigerator
  • Cooling System:
  • 2 Or More Units, Central A/C, Electric Refrigeratd
  • Electricity:
  • Aps, Individual Meter
  • Existing Water:
  • City Franchise, Individual Meter
  • Gas:
  • Individual Meter, Sw Gas
  • Heating:
  • 2 Or More Units, Ceiling Fan(s), Central, Gas
  • Sewage Type:
  • Sewer - Public, Sewer-In & Connected

The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listings Provided by Homesmart
  • ARMLS

Similar Properties

Image Unavailable
$1,300,000
2423 E Apache Blvd, Tempe, AZ 85281
0 Beds | 0 Baths
ARMLS Listings Provided by Lra Real Estate Group
ACTIVE
Image Unavailable
$1,250,000
1433 S Kenneth Pl, Tempe, AZ 85281
0 Beds | 0 Baths
ARMLS Listings Provided by Keller Williams Realty Sonoran Living
ACTIVE