x
Address
1022 S Dorsey Lane Tempe, AZ
Price
$ 695,000
Property Attributes
  • MLS#5947707
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • Zip85281
  • Style
  • Year Built1961
  • Taxes1697
  • Price$ 695,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
Listing Provided Courtesy Of:
Gerchick Real Estate
Property Description

WAIT-many repairs are underway! You have the opportunity to get into the Escrow prior to repairs-NO LOW BALL offers-the FULLY occupied property will be sold after repairs. List of Capital Improvements are under the Document tab . See the Document Tab for current Rent Roll and financials among some of the Documents. Three units are in good shape and the 4th unit has been completely gutted and redone. Photos on 9/20/2019. Exterior is complete with new roof and landscaping with exterior paint and new fascia. Photos to follow-ONLY DRIVE BY DO NOT DISTURB TENANTS. Buyer to verify all facts and figures.

Price History
7/3/2019 Listed $695,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 895.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Brick
Features No Pool
Listing Status Active
Map Code/Grid R37
Net Income 32045.80
New Financing FHA, Conventional, VA, No Carry
Owner Pays Water, Sewer, Trash, Landscaping
Property Type F
Public Remarks WAIT-many repairs are underway! You have the opportunity to get into the Escrow prior to repairs-NO LOW BALL offers-the FULLY occupied property will be sold after repairs. List of Capital Improvement
School District 003 - Tempe School District
Tenant Pays Electric, Cable TV
Year Built 1961
Zoning R-3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 750
Appliances Included F/S Oven/Range, Refrigerator
Cooling Electric Refrigeratd, Individual
Electric APS, Individual Meter
Floors Other (See Remarks)
Gas None
Heating Window/Wall Unit(s), Ceiling Fan(s)
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building, Personal Property
Const - Finish Painted, Other (See Remarks)
Covered Parking Spcs 0.00
Lot Size Dimensions irregular
Parking Free, Street Parking, >1 Space Per Unit, Add'l Parking Avail
Roof Other (See Remarks)
Sewer Sewer - Public, Sewer-In & Connected
Total Parking Spcs 6.00
Water Master Meter, City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85281

Price
AVG $2.57M
$700K
Taxes
AVG $14,715
$1,697
Visits
AVG 316
138
Year Built
AVG 1982
1961

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