Address
906 S MARIANA Street, Tempe, AZ
Price
$ 895,000
Property Attributes
  • MLS#6697502
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodMARIANA PARK I
  • Zip85281
  • StyleMultiple Dwellings
  • Year Built1959
  • Taxes$ 1179
  • Price$ 895,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Tens of thousands of dollars spent updating this single level Tempe Cul-De-Sac Fourplex. Fully leased - for nearly a year! All units have been updated over the past 5 years including new appliances, windows, flooring, plumbing. Includes Shaker style cabinets with modern backsplash tile, vinyl hardwood-like floors, carpet in bedrooms, modern fixtures throughout, central air, ceiling fans, covered parking (1 for each unit). All 1 Bedroom units. Near ASU, light rail, Mill Avenue, Farmer Arts District and more.

Elementary School Middle School High School
Cecil Shamley School Elementary School Cecil Shamley School Middle School McClintock High School
Price History
4/26/2024 Listed $895,000

General Features

Sewer Public Sewer
Heating Heat Pump,Electric
Cooling Electric,Ceiling Fan(s)
Roof Built-Up
Zoning Multi
Construction Materials Painted,Block
Year Built 1959
Electric APS,Individual Meter
Tenant Pays Electricity,Cable TV
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 50160.0
OwnerPays Gas,Trash Collection,Sewer,Landscaping
Community Features Other,See Remarks,No Pool
County Maricopa
Net Operating Income 34530.0
Operating Expense 15630.0
Insurance Expense 800.0
Property Type Multiple Dwellings
Attached Garage No
MaintenanceExpense 0.0
Subdivision Name MARIANA PARK I
Garage Y/N No
Status Active
Directions W. to Dorsey. S. to Orange. W. to property.
High School McClintock 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 4.0
Total Units 4
Lot Size Square Feet 0.0
Carport Y/N No
Street Name MARIANA
Elementary School Cecil Shamley School
Tax Annual Amount 1179.0
Electric Expense 1928.0
Current Financing Not Applicable
Fuel Expense 0.0
Middle/Junior High School Cecil Shamley School
Trash Expense 0.0
Water Sewer Expense 4873.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 11
Standard Status Active
Occupancy Description Tenant
Elementary School District Tempe Elementary School District
Tax Lot 2
Cap Rate 3.86
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Carpet,Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Parking Features >1 Space Per Unit,1 Space/Unit,Common
Water Source City Franchise
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 1
Spa No
Lot Dimensions IRR
Lot Size Acres 0.0
Road Surface Type Asphalt,Sidewalk(s)
Covered Spaces 4.0
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 Multi-Family Average in 85281

Price
AVG $1.1M
$900K
Taxes
AVG $2,385
$1,179
Visits
AVG 193
62
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1959