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Bob Nathan

bob.nathan@engelvoelkers.com +1(480) 695-6031

$ 925,000

Est. payment -/mo

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Active

925 E HENRY Street Tempe, AZ 85288

UPDATED:

10/17/2024 12:20 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Tempe

MLS Listing ID 6719590

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1957

Annual Tax Amount $787

Tax Year 2023

Lot Dimensions 21,076 total sf, lots 100 & 101

Property Description

TWO SEPARATE Adjoining Homes - HUGE LOTS, nearly 1/2 ACRE of land, both lots have R-2 ZONING! PLENTY of land and adequate zoning to add more ADU units PLUS opportunity to add more sf to both existing homes to increase rents etc., seller has permits ready to go, buyer to verify all with city of Tempe. This sale includes: 925 E Henry St & 1100 N Esther St (two separate parcel/APN numbers). Both homes are 2 bedrooms, 1 bath, plus laundry room/office; carport, huge backyards and more! Both homes are currently rented: Henry St has a new 1-year lease of $ 1,895/mo., and we had over 25+ potential tenants to select from; and Esther St has been on a month-to-month lease for the last few years at the same rental rate. Over 40k+ net income. Buyer to verify all facts and figures. Well maintained, remodeled in 2015 with all new interiors: flooring, kitchen cabinets/countertops, blinds, plumbing, bathroom, light fixtures and ceiling fans, doors, baseboards, hardware, Trane ACs, and more! Separate utility meters for each home. Both homes have block fenced huge yards.

These properties both back up to the commercial corner of Scottsdale Rd and Curry - so possible potential there also... check out the plat! Unique opportunity in a top location.

Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!

Location

State AZ

County Maricopa

Community North Tempe

Zoning R2

Direction Scottsdale Rd to Tempe Dr, first right on Esther, both homes are in the cul-de-sac. Please don't disturb the tenants by walking the lot without permission from agent. THANK YOU!

Interior

Heating Heat Pump, Natural Gas

Cooling Heat Pump, Electric, Ceiling Fan(s)

Flooring Ceramic Tile

Appliance F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup

Exterior

Garage Paved Parking, Add'l Parking Avail, Attached, Common

Community Features See Remarks

Waterfront No

Roof Type Composition

Parking Type Paved Parking, Add'l Parking Avail, Attached, Common

Total Parking Spaces 4

Building

Sewer Sewer - Available, Septic in & Cnctd

Water City Franchise

Schools

School District Tempe Union High School District

Others

Senior Community No

Tax ID 132-12-100-A

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Listed by Windermere Real Estate & Property Management

Bob Nathan

Global Private Office Advisor & Associate Broker | License ID: BR006110000

+1(480) 695-6031

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