1135 N Harold Street, Tempe

$1,299,000

0 Beds
0 Baths
0 Acres
1 Garages

Craftsman on Harold consists of 2 individually-metered town homes built in 2019, generating $75,294.98 NOI, located in an Opportunity Zone! Units are now being sold together but can be sold individually later. Fully leased through July 30, 2021. 12-month student leases signed with parent co-signers, with a solid cash flow of $7,925 per month gross rental income - 5.80 CAP rate. Tenants pay all utilities. Value-add opportunity exists by continuing to raise rents. Each unit is 2,140 SF, 4 large bedrooms, 3.5 baths, large front porch, large great room with a gorgeous kitchen. Granite slab counters everywhere and very nice SS Kitchen Aid appliances, commercial-grade wood plank-like vinyl floors everywhere for durability. No HOA. In demand, convenient, urban location only 1 mile from ASU and and close to the 202, Tempe town lake business parks, and PHX airport.

Essential Information
MLS® #6096476
Price$1,299,000
Year Built2019
TypeMulti-Family
Sub-TypeDuplex
StatusActive
Community Information
Address1135 N Harold Street
SubdivisionCRAFTSMAN ON HAROLD
CityTempe
CountyMaricopa
StateAZ
Zip Code85281
Amenities
AmenitiesNo Pool
Parking Spaces10
# of Garages1
Parking

Garage, Street Parking, Auto Door Opener

Appliances

BI Oven/Range, Refrigerator, Dishwasher, Disposal, Compactor, Microwave

Heating

2 or More Units, Gas, Central, Ceiling Fan(s)

Cooling

Central A/C, Electric Refrigeratd, 2 or More Units

Exterior
Lot Description62' x 124'
RoofConcrete
ConstructionFrame - Wood
District

003 - Tempe Elementary District

Additional Information
ZoningR-2
Listing Details
OfficeHomeSmart
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Listing information last updated on July 2nd, 2020 at 1:48am MST.