Address
37 E El Parque Drive Tempe, AZ
Price
$ 650,000
Property Attributes
  • MLS#6101102
  • TypeBackup
  • CountyMARICOPA
  • CityTempe
  • Zip85282
  • Style
  • Year Built1957
  • Taxes3647
  • Price$ 650,000
  • Bedrooms10
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4080
Listing Provided Courtesy Of:
Venture REI, LLC
Property Description

Great 6 Unit Investment Opportunity or redevelopment opportunity In the heart of Tempe!! Located within walking distance to Arizona State University; one of the largest public universities in the country with total enrollment of over 82,000 students. This property needs a full makeover but once fully renovated the units will rent for: 2/1's - $1150-1200 p/mo 1/1's - $800-900 making asset est value $1m+. Deals like this are hard to come by in Tempe where you can make them your own and still have equity in the property.

Elementary School Middle School High School
Broadmor Elementary School Connolly Middle School Tempe High School
Price History
7/9/2020 Listed $650,000

General Features

1 Bedroom Units: Avg Rent 487.00
2 Bedroom Units: Avg Rent 566.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Evaporative
Electric Individual Meter, SRP
Elementary School Broadmor Elementary School
Features No Pool
Heating Electric, Gas
High School Tempe High School
Interior Features Unfurnished
Map Code/Grid R37
Middle School Connolly Middle School
Net Income 0.00
New Financing 1031 Exchange, Conventional
Owner Pays Landscaping
Parking Other (See Remarks)
Property Type F
Roof Comp Shingle
School District 003 - Tempe School District
Sewer Sewer - Public
Status Active
Tenant Pays Electric, Gas, Landscaping, Sewer, Water
Water Individual Meter
Year Built 1957
Zoning [M-H] [R-3]

Interior Features

1 Bedroom Units: # 1 Bedroom Units 2
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 520
2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 760
Appliances Included Other (See Remarks)
Floors Other (See Remarks)
Gas Individual Meter, SW Gas
Total Number of Units 6.00

Exterior Features

Sale Includes Land & Building
Const - Finish Stone
Covered Parking Spcs 0.00
Lot Size Dimensions 152' X 115'
Total Parking Spcs 12.00

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 85282

Price
AVG $380K
$650K
Taxes
AVG $1,815
$3,647
Visits
AVG 85
68
Year Built
AVG 1972
1957
Walkscore
AVG 58
46
Data Provided by Walkscore ® not using MLS data

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