Tempe, AZ 85288,1135 N HAROLD Street
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Tempe, AZ 85288,1135 N HAROLD Street
Tempe, AZ 85288,1135 N HAROLD Street
Tempe, AZ 85288,1135 N HAROLD Street
Tempe, AZ 85288,1135 N HAROLD Street

$585,000

Est. payment /mo

$1,190,000

50.8%
Est.Price: ?

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1135 N HAROLD Street Tempe, AZ 85288

SOLD DATE : 11/06/2020

Key Details

Sold Price $585,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Craftsman On Harold

MLS Listing ID 6096476

Year Built 2019

Annual Tax Amount $8,505

Tax Year 2020

Property Description

Craftsman on Harold consists of 2 individually-metered town homes built in 2019, generating $74,318.28 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 ? 6.25 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 and close to the 202, Tempe town lake business parks, and PHX airport.

Location

State AZ

County Maricopa

Community Craftsman On Harold

Zoning R-2

Interior

Heating Central, 2 or More Units, Natural Gas

Cooling 2 or More Units, Central A/C, Electric, Ceiling Fan(s)

Exterior

Community Features No Pool

Waterfront No

Roof Type Concrete

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise, Individual Meter

Schools

School District Tempe Union High School District

Others

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

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Arizona Regional MLS (ARMLS)
Listed by HomeSmart
Bought with Realty One Group

Eddy And Oscar

Broker Associate | CB01331912

+1(805) 200-3484

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