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1141 S Farmer Avenue Tempe, AZ 85281
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Farmers Addition Blocks 1-2 & Part 3 & Lots 1-5
MLS Listing ID 6574745
Maintenance Fees $1,313
Year Built 1972
Annual Tax Amount $2,690
Tax Year 2022
Property Description
Spectacular quadplex close to ASU and Downtown Tempe, this 4-plex is centered around the cottages and bungalows of the MAPLE ASH FARMER WILSON (MAFW) neighborhood. The 2 story building has 4 units with 2 good sized bedrooms and 1 full bath, covered parking and is just moments away from 'locals only' hangouts, fine dinning and lots of great shopping. At the north end of Farmer Ave is lake access and event parking with more great restaurant finds. it's proximity to the downtown area helps maintain its zero vacancy rate. Great investment opportunity!!
Location
State AZ
County Maricopa
Community Farmers Addition Blocks 1-2 & Part 3 & Lots 1-5
Zoning R-3
Interior
Heating Electric
Cooling Ceiling Fan(s), 2 or More Units
Flooring Carpet, Ceramic Tile, Vinyl
Exterior
Parking Features 1 Space/Unit, On Street, Carport
Community Features No Pool
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Holdeman Elementary School
Middle Schools Geneva Epps Mosley Middle School
High Schools Tempe High School
School District Tempe Union High School District
Others
Acceptable Financing Conventional, Owner May Carry
Listing Terms Conventional, Owner May Carry
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Bought with ABI Multifamily