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Excellent investment opportunity, this Duplex is located in the highly sought after area of Tempe North, which is an up and coming, high growth area of N Tempe; lots of new construction and rehabs abound. Location, Location, Location: less than a mile to 202/Tempe Town Lake/ASU and more; just blocks to mass transit, less than 4 miles to: Phoenix Sky Harbor Airport, Old Town Scottsdale and more! Well maintained, remodeled just over a decade ago with new low E windows, Trane ACs, roof, underground plumbing, and more. Separate electric meters for each unit. Both units are 2 bedrooms,1 bath, carport with private storage areas, both have units have fenced yards. Zoning is R-2 and opportunity to add more sf to increase rents etc., buyer to verify with city of Tempe. Stated rents ($ 1,250 per unit) are based on current market comps of $ 1,200-1,300/mo., as landlord hasn't raised rents in over a decade so current rents are well below market comps; buyer to verify all facts and figures. Tenants have been on a month-to-month rental basis for over a decade. Multiple comps in area around 500k and this property might be better as it's located on Weber Dr. with beautiful 3 story newer homes located across the street! Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!

PROPERTY FEATURES

Water Source : City Franchise Sewer Source : Public Sewer Electric : APS
Community Features : No Pool
Parking Features: Assigned, Attached, Common
Cooling: Heat Pump, Electric, Ceiling Fan(s) Heating : Heat Pump, Natural Gas
Construction Materials: Painted, Block, Frame - Wood
Flooring : Ceramic Tile

PROPERTY DETAILS

Street Address: 1127 E WEBER Drive
City: Tempe
State: Arizona
Postal Code: 85288
County: Maricopa
MLS Number: 6761938
Year Built: 1962
Courtesy of Windermere Real Estate & Property Management

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