Courtesy of Coldwell Banker Realty
Property Description
Unlock Your House-Hacking Potential in the Heart of Tempe! This expansive 5-bedroom, 2-bathroom home offers a rare combination of space, style, and income-generating possibilities, perfect for investors or savvy homebuyers. Live in one room and Airbnb the rest, rent out individual rooms, or make it your full-time residence while letting the property pay for itself. Projected to generate an impressive annual revenue of $69,007, this home boasts a 10.4% Cap Rate, 13.7% Gross Yield, and a 15.4% Cash-on-Cash Return. Thoughtfully updated, the home features a bright, airy kitchen with sage-colored cabinets and skylights, alongside energy-efficient double-pane windows and durable block walls for added insulation. With prime proximity to Tempe’s top amenities and solid Airbnb performance in the area, this property is poised for consistent returns. Don’t miss this unique opportunity to own a spacious, stylish home with significant investment upside! Maximize rental space with 5 rooms or swap one room for an oversized primary suite. ! Properties that offer this perfect blend of aesthetic appeal and an unbeatable environment near ASU, Mill Ave, and the 10, 60 ,202 freeways are truly one-of-a-kinddon’t miss the chance to make it yours
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Property Details and Features
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Exterior Features
- “Patio”
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Bathrooms
- 2 total decimal bathrooms
- 2 total bathrooms
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Bedrooms
- 5 total bedrooms
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Building
- Built in 1951
- Living area: 1524
- Construction materials: “Brick Veneer”, “Painted”, “Block”
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Cooling
- “Refrigeration”
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Fence
- “Wood”
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Fireplaces
- “None”
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Floors
- “Laminate”
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Heating
- “Electric”
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Home Owner’s Association
- Association fee includes: “No Fees”
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Interior Features
- “Eat-in Kitchen”
- “No Interior Steps”
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Listing
- Listing ID: 6748518
- Standard status: Active
- 84 days on market
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Location
- Subdivision name: WILLACKER HOMES
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Lot
- 0.16 acres
- 6,817 sqft
- “Gravel/Stone Front”
- “Gravel/Stone Back”
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Pool
- “None”
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Possession
- “Close Of Escrow”
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Roof
- “Composition”
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Schools
- Elementary school: Scales Technology Academy
- High school: Tempe High School
- High school district: Tempe Union High School District
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $1,593
- Lot: 18
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This content last updated on November 22, 2024 6:06AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
