Address
522 W 9TH Street, Tempe, AZ
Price
$ 1,150,000
Property Attributes
- MLS#6662229
- TypeContingent
- CountyMARICOPA
- CityTempe
- NeighborhoodMITCHELL SUB
- Zip85281
- StyleMultiple Dwellings
- Year Built1950
- Taxes$ 2978
- Price$ 1,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Two amazing homes on one parcel. with two addresses! One complete remodel and the other a new build. Great rental income with easy or almost no maintenance. Also easy to live in one and rent the other! Perfect location near ASU, freeways, restaurants, Owners had great income with yearly lease, but could net more as a short term rental. Main home (522 W 9th St) is 3 bed/2bath 1167 sf was completely remodeled with permits. Second home on same parcel was built in 2021 with permits and is a 2Bed/2bath with option to make it a 3 bed/3 bath. Nothing was left out.... even electric car chargers at both homes! See document page for all the upgrades and remodeling. No expense was spared to make this a one of a kind property! PLEASE DO NOT DISTURB TENANTS.
| Elementary School | Middle School | High School |
|---|---|---|
| Holdeman Elementary School | Geneva Epps Mosley Middle School | Tempe High School |
| Price History | |
|---|---|
| 2/10/2024 | Listed $1,150,000 |
General Features
| Sewer | Sewer-In & Connected,Public Sewer |
|---|---|
| Heating | Individual,Heat Pump,2 or More Units,Electric,Natural Gas |
| Cooling | 2 or More Units,Central A/C,Individual,Heat Pump,Electric,Ceiling Fan(s),ENERGY STAR Qualified Equipment |
| Roof | Composition |
| Zoning | R-2 |
| Construction Materials | Brick Veneer,Painted,Stucco,Block,Frame - Wood |
| Year Built | 1950 |
| Electric | APS,Individual Meter |
| Tenant Pays | Trash Collection,Electricity,Water,Sewer,Landscaping |
| Township | 1N |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 66036.0 |
| OwnerPays | Gas,Trash Collection,Water,Sewer,Cable TV |
| Community Features | Other |
| County | Maricopa |
| Net Operating Income | 56128.0 |
| Operating Expense | 7513.0 |
| Insurance Expense | 1059.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | Yes |
| Subdivision Name | MITCHELL SUB |
| Garage Y/N | Yes |
| Status | UCB (Under Contract-Backups) |
| Directions | Head west to Roosevelt St. South to property on corner of Roosevelt and 9th Street. TWO DETACHED HOMES WITH 2 SEPARATE ADDRESSES ON 1 PARCEL. 522 W 9th St *AND* 825 S Roosevelt |
| High School | Tempe High School |
| City | Tempe |
| Buyer Agent Compensation | 2.50 |
| Disclosures | Seller Prop Disc Stm |
| View Y/N | No |
| High School District | Tempe Union High School District |
| Open Parking Spaces | 5.0 |
| Total Units | 2 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | 9TH |
| Elementary School | Holdeman Elementary School |
| Tax Annual Amount | 2978.0 |
| Current Financing | Non Assumable |
| Fuel Expense | 156.0 |
| Middle/Junior High School | Geneva Epps Mosley Middle School |
| Water Sewer Expense | 1720.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 100 |
| Standard Status | Active Under Contract |
| Occupancy Type | Tenant |
| Elementary School District | Tempe Elementary School District |
| Tax Lot | 6 |
| Cap Rate | 4.88 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Ceramic Tile,Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Paved Parking,Free,Add'l Parking Avail,Attached,>1 Space Per Unit,Street Parking,Common |
|---|---|
| Water Source | City Franchise,Master Meter |
| Total Parking | 7.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 2 |
| Spa | No |
| Lot Dimensions | 125' x 67' |
| Lot Size Acres | 0.0 |
| Road Surface Type | Asphalt,Curb(s) & Gutter(s),Sidewalk(s),Alley |
| Covered Spaces | 2.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 85281
Price
Taxes
Visits
Year Built
© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Information deemed to be reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Only IDX residential listings are displayed on this site. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose
