• Price $1,485,000
  • Built1947
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1218-1222 S Farmer Avenue , Tempe

We are pleased to announce State College Home Apartments. 9 units walking distance to ASU and Mill Ave. These apartments have nice updates of new exterior paint & brand new landscaping. Two separate lots with 6 & 3 units. Individually metered for gas & electric.Some have newer windows floors and bathrooms and most kitchens have been updated about 10 13 years ago. Also there is room in the back lot where you can build 2 to possible 3 more units. Parking in the front and back as well as covered parking. (8) one bedroom & (1) studio. Amazing value add with rents not being raised in over 10 years. Existing washer and dryer onsite coin operated. Most units are large enough to add stack able washer and dryer units. All facts & figures are approximate buyer verify MLS info Drive by only All tenants are month to month new rents are now being raised to 900 to 1100 a month and studio being raised to 800

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Essential Information

  • MLS® #5927139
  • Price$1,485,000
  • Taxes$4,367
  • Year Built1947
  • TypeMulti-Family
  • Sub-TypeTri-Plex, 5 - 12 Units
  • StatusActive

Amenities

  • AmenitiesOther (See Remarks)
  • Garage Spaces24
  • Parking1 Space/Unit

Exterior

  • Exterior FeaturesOther (See Remarks)
  • RoofComp Shingle
  • ConstructionBlock

Additional Information

  • Zoningc-3

Community Information

  • Address1218-1222 S Farmer Avenue
  • SubdivisionState College Homes Lots 30-40
  • CityTempe
  • CountyMaricopa
  • StateAZ
  • Zip Code85281

Interior

  • AppliancesBI Oven/Range, F/S Oven/Range, Refrigerator, Dishwasher, Microwave
  • HeatingIndividual
  • CoolingIndividual

School Information

  • District003 - Tempe Elementary District

Listing Details

  • Listing OfficeGrace Cre

Property Location

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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than eXp Realty. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on June 24th, 2019 at 8:18am AKDT.

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