NOT LISTED FOR SALE

2082 E Apache Blvd Tempe, AZ 85281

Apache Neighborhood
13 Beds
9 Baths
-- Sq Ft
1940 Built

Last Sold January 29, 2014

Last sale price $399,999

4 Days on Market

Highlights

  • 15 Car Attached Garage
  • 5-minute walk to Smith-Martin/Apache Blvd
  • Heating System Uses Natural Gas
  • Multiple cooling system units
  • Ceramic Tile Flooring

About This Home

As of January 2014

Great opportunity for investors in the heart of Tempe's Rredevelopment District near ASU and new apartment construction. 8 units for $399 w/property taxes of $1000.00 per year? This is the deal your investor is seeking. Elderly gentlemen has owned and managed since 1983 and he's retiring. Rents = stable and ready to be increased to make this an even better OPP. All cash on this buy gives investor a better than 10% return (includes depreciation). All units are rented and there is no maintenance needed. Just start collecting checks or live in the 3 bed house up front for free and cash flow the property. RARE opp for immediate cash flow rather than multi-family project that pays down the way. Land alone worth what Seller is asking. SMART investor understands this OPP right away!

Last Agent to Sell the Property

Steve Tseffos

HomeSmart Realty License #SA510838000 Listed on: 12/09/2013

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1940

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 15 Car Attached Garage
  • 10 Open Parking Spaces
  • Common or Shared Parking
  • Free Parking

Schools

  • The Learning Center Developmental Preelementary School
  • Mcclintock High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, water
  • Tax Lot 2
  • Assessor Parcel Number 132-70-146

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 104x220
  • Zella Vista, Light Rail Multi Family Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 101 and Apache
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Private Street, Sidewalk(s)
  • Subdivision Name: Zella Vista, Light Rail multi-family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Free, Add'l Parking Avail, Attached, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Attached: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Electric, 2 or More Units
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: The Learning Center Developmental Preschool
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 104x220
  • Additional Parcels: Yes
  • Parcel #: 132-70-146

Multi Family

  • Owner Pays: None
  • Tenant Pays: Gas, Electricity, Water
  • Number Of Units Total: 8
  • Property Net Operating Income: 40000.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Book Number: 132.00
  • Tax Lot: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2014 01/29/14 Sold $399,999 0.0% --
12/13/2013 12/13/13 Pending -- -- --
12/09/2013 12/09/13 For Sale $399,999 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,601 $13,358 -- --
2024 $1,478 $12,722 -- --
2023 $1,478 $67,130 $13,420 $53,710
2022 $1,418 $43,860 $8,770 $35,090
2021 $1,428 $36,350 $7,270 $29,080
2020 $1,384 $31,620 $6,320 $25,300
2019 $1,358 $27,760 $5,550 $22,210
2018 $1,324 $24,510 $4,900 $19,610
2017 $1,285 $21,320 $4,260 $17,060
2016 $1,276 $18,820 $3,760 $15,060
2015 $1,226 $14,770 $2,950 $11,820
Source: Public Records

Agents Affiliated with this Home

  • Steve Tseffos

    Seller's Agent in 2014

    Steve Tseffos

    HomeSmart Realty

    (480) 203-6699

    1 Total Sale

    Steve Tseffos
    Section Image

  • N

    Buyer's Agent in 2014

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5040263

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Tempe 85281 Apache

2082 E Apache Blvd, Tempe, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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