Tempe, AZ 85288,1244 N ROSE Street
Tempe, AZ 85288,1244 N ROSE Street
Tempe, AZ 85288,1244 N ROSE Street
Tempe, AZ 85288,1244 N ROSE Street
Tempe, AZ 85288,1244 N ROSE Street
Tempe, AZ 85288,1244 N ROSE Street
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$ 950,000
Est. payment | /mo

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$ 950,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Tempe 2

MLS Listing ID 6931623

Year Built 1969

Annual Tax Amount $1,477

Tax Year 2024

Lot Dimensions TBD

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Exceptional investment and development opportunity in a rapidly growing area. This fully renovated five-unit property includes one single-family home and two duplexes, all situated on two parcels with potential to add two additional large units under current zoning. The property features four 2-bedroom, 1-bath units and one 3-bedroom, 2-bath single-family residence, currently fully occupied and grossing $8,176 per month. Every unit has been completely remodeled inside and out with new HVAC systems, roofs, electrical panels, windows, and modern interiors. More than $600,000 has been invested in updates, making this a turnkey asset with strong income and future upside.

Location

State AZ

County Maricopa

Community North Tempe 2

Area Maricopa

Zoning R-2

Direction Heading South on Scottsdale Road, Turn left onto Weber Dr, then take a Right onto Scovel St. Take first right onto Harry and the property is on the corner of Harry & Rose.

Interior

Heating Central, 2 or More Units

Cooling Central Air, Ceiling Fan(s), 2 or More Units

Flooring Ceramic Tile

Appliance Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features >1 Space Per Unit

Community Features No Pool

Roof Type Composition,Foam

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Cecil Shamley School

Middle Schools Cecil Shamley School

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 132-13-051-A

Acceptable Financing CTL, Conventional, FHA, VA Loan

Disclosures None

Listing Terms CTL, Conventional, FHA, VA Loan

Arizona Regional MLS (ARMLS)
Listed by Gentry Real Estate
Shawna Warner

+1(602) 743-7006

shawna@retsy.com

7316 E 6th Ave, Scottsdale, AZ, 85251, USA

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1244 N ROSE Street