1815-17 E Randall Drive Tempe, AZ 85281
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James Stephens

  1815-17 E Randall Drive Tempe, AZ 85281

Active (33 Days)

Description

Value-add four unit that is less than a mile from ASU, off University Dr. Sale includes two parcels APN 132-66-088 1817 E Randall APN 132-66-089 1815 E Randall.This complex is not typical, lots of upside.Unit 1-Studio/1 BA 529 SF-Rent $1000.Unit 2 -3+BR/2BA 1,044 SF-Rent $2,000(Extensive upgrading in this unit in 2021).Unit 3 -1+BR/1BA 1,096 SF -Rent $1,300(Kitchen/Bath/Living main level 696 SF w/ 2 BR sub-level 400 SF w/some upgrades).Unit 4 -1BR/1BA 768 SF -Rent $1,000 (long-term tenant, in worst condition of 4)All month-to-month leases! New Roof. Utilities are mastered/seller paid with two HVAC units & wall units to supplement.Operating around a 4.5 CAP +/- w/ very low rents & significant upside ahead. Showings in escrow-please do not bother the tenants.

MLS #:
6433789
Taxes
$2,219(2021)
Type
Multifamily
Year Built
1959
School District
213 - Tempe Union High School District
County
Maricopa County
Bathroom Details
Interior Features
  • Unfurnished
  • Other (See Remarks)
  • Fire/Smoke Alarm(s)
  • Basement
Subdivision
  • Randall Terrace Lots 6 & 7
Heating and Cooling
  • Natural Gas
  • Heat Pump
  • Electric
  • Window/Wall Unit
  • See Remarks
  • Other
  • Central A/C
  • 2 or More Units
Exterior Features
  • Other (See Remarks)
  • Fenced
  • Cable Tv Available
  • Roof: Comp Shingle
Utility Information
  • Sewer: Sewer - Public
Parking
  • 6.00
Location
   
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ARMLS Last Updated: 8/14/22 14:19.