1705 E 12th Street, Tempe, AZ 85281

$475,000
List Price
$475,000
Days on Market
5
Status
ACTIVE
MLS#
6293554
City
Tempe
Subdivision
Borden Homes
Year Built
1971

Property Description

Rare opportunity! Duplex Income Property in the Apache Light Rail Corridor flush with new development. Two blocks from expanding Valley Metro light rail system. Historic Borden Homes neighborhood. Close to ASU Main Campus, Tempe Marketplace, Mill Avenue District, Town Lake, Loops 101/202, etc. Each 2 BED 1 BATH unit is updated with modern finishes and tile flooring, dual pane windows, new HVAC in unit B, private patios. See attached list of purchases and dates. Units were previous furnished vacation rentals for 7 yrs. Interior shots are from the most recent vacant lease listing. Low property tax. No HOA. Property management in place. Drive by only. Do not disturb occupants. Viewing only after contract acceptance. FULLY occupied at $1200 per unit. Buyer to verify Facts and Figures. Act now! Zoning R1-6 but originally developed as a DUPLEX, permitted for LEGAL NON-CONFORMING USE.

Additional Information

Elementary School
Laird Elementary School
High School
McClintock High School
Middle School
McKemy Middle School
School District
213 - Tempe Union High School District
Construction
Block
Cooling
2 or More Units, Central A/C, Electric, Heat Pump
Electric
SRP
Exterior Amenities
Cable TV Available, Patio/Balcony, Satellite Dish, TV Antenna
Finish
Stucco
Floors
Ceramic Tile
Gas
None
Guest House SqFt
2
Heating
Electric, Heat Pump
Interior Amenities
Drapes, Unfurnished
New Financing
CTL
Parking
<1 Space Per Unit, Street Parking
Project Type
Duplex
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Subdivision
Borden Homes
Taxes
$1,237
Tenant Pays
Electric
Units
2
Water
City Franchise
Zoning
R1-6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.