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About the Listing basm001 - ms3579
INVESTOR ALERT! Seize this rare, high-cash-flow opportunity in University Heights, Tempe's premier student housing corridor adjacent to Arizona State University (ASU). This is a strategic Legal Duplex designed for maximum rental yield, offering two distinct income streams: a 1,200 sq ft, 3-bedroom, 1-bath main house, and a brand-new, detached 850 sq ft ADU. This property is not just a rental; it is a meticulously designed income machine with an above average cap rate near 8%. Ideal for a dedicated student housing portfolio, flexible long-term rentals, or a savvy owner-occupant seeking substantial passive income.
Listing Highlights
Status
Active
Days on Site
133
Property Type
Multi-Family
MLS ®
6919097
Year Built
1951
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
Neighborhood
Tomlinson Estates
School District
Tempe Union High School District
High School
Tempe High School
Interior Details
- Bedrooms: 2
- Bathrooms: 15 Full
- Appliances:
- Air Cond: Central Air,Ceiling Fan(s),Electric
- Heating: Central,Electric,Natural Gas,Ceiling
- Fireplaces:
- Floor: Vinyl,Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition,Built-Up
- Others:
- Sewer: Public Sewer
- Parking Features: Add'l Parking Avail,On Street,Carport
Financial Details
- Tax Amount: $840
- Taxes w/Assessments: N/A
- Tax/Property ID: 132-62-050
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
1324 E Hall St Tempe, AZ 85281
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