1127 E Weber Drive, Tempe, AZ 85288
- $497,500
- List Price
- $497,500
- Days on Market
- 17
- Status
- ACTIVE
- MLS#
- 6761938
- City
- Tempe
- Subdivision
- North Tempe 2
- Year Built
- 1962
Property Description
Excellent investment opportunity, this Duplex is located in the highly sought after area of Tempe North, which is an up and coming, high growth area of N Tempe; lots of new construction and rehabs abound. Location, Location, Location: less than a mile to 202/Tempe Town Lake/ASU and more; just blocks to mass transit, less than 4 miles to: Phoenix Sky Harbor Airport, Old Town Scottsdale and more! Well maintained, remodeled just over a decade ago with new low E windows, Trane ACs, roof, underground plumbing, and more. Separate electric meters for each unit. Both units are 2 bedrooms,1 bath, carport with private storage areas, both have units have fenced yards. Zoning is R-2 and opportunity to add more sf to increase rents etc., buyer to verify with city of Tempe. Stated rents ($ 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!
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Additional Information
- Elementary School
- City Of Tempe Kid Zone Preschool
- High School
- Tempe High School
- Middle School
- Tempe High School
- School District
- Tempe Union High School District
- Community Features
- No Pool
- Construction
- Painted, Block, Frame - Wood
- Cooling
- Heat Pump, Electric, Ceiling Fan(s)
- Electric
- APS
- Flooring
- Ceramic Tile
- Heating
- Heat Pump, Natural Gas
- New Financing
- Conventional, FHA, VA Loan
- Parking Features
- Assigned, Attached, Common
- Roofing
- Foam
- Sewer
- Public Sewer
- Subdivision
- North Tempe 2
- Taxes
- $1,270
- Tax Year
- 2023
- Tenant Pays
- See Remarks, Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
- Units
- 2
- Water
- City Franchise
- Zoning
- R2
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Listing courtesy of Windermere Real Estate & Property Management.
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