306 S HARDY Drive Tempe, Arizona
Listing ID6492854
Price$700,000$165K
StatusActive
CountyMaricopa
SubdivisionSTATE PLAT NO 12 AMD
Year Built1950
Property TypeMultiple Dwellings
Urban in-fill project. Prime, new construction location with exceptional opportunity for multiple townhomes or apts. Excellent for diversifying investment portfolio with steady rental revenue in fast growing metro area. Opportunity to acquire adjoining property to expand total buildable potential. Buildable potential: 6 units Lot size: 73' x 202' 306 S. Hardy Dr, Tempe 85281 124-29-075K Ideal location with EZ access to all points of interest in the Valley of the Sun. Minutes from ASU. Tentants' privacy is of utmost importance. Please do not disturb.
County
Maricopa
Price Before Reduction
865000
Price Reduction Date
2024-01-04T18:02:47+00:00
Property Type
Multiple Dwellings
Subdivision
STATE PLAT NO 12 AMD
Year Built
1950
Zoning
R20
3 Bedrooms Units # Baths
1
Cooling
yes
Flooring
Carpet, Ceramic Tile, Concrete
Heating
yes
Country
US
Directions
306 S. Hardy Dr. between 3th St & W. Rio Salado Parkway
Elementary School
Scales Technology Academy
Elementary School District
Tempe Elementary School District
General Property Description Elementary School
Scales Technology Academy
General Property Description Elementary School District2
Tempe Elementary School District
General Property Description High School
Tempe High School
General Property Description High School District
Tempe Union High School District
General Property Description Jr High School
Geneva Epps Mosley Middle School
High School
Tempe High School
High School District
Tempe Union High School District
Middle Or Junior School
Geneva Epps Mosley Middle School
Postal City
Tempe
Township
1N
Water Source
Irrigation, Individual Meter
Attached Garage
no
Construction Materials
Brick Veneer, Painted, Stucco, Stone, Block, Frame - Metal, Slump Block
Electric
APS
General Property Description # of Buildings
2
General Property Description Lot Size Dimensions
136 x 202
General Property Description Total # of Units
1
General Property Description Uncvrd Parking Spcs
6
Lot Size Dimensions
136 x 202
Number Of Buildings
2
Number Of Units Total
1
Open Parking Spaces
6
Parking Features
Free
Parking Free
1
Parking Total
6
Road Surface Type
Asphalt
Roof
Tile, Concrete
Sewer
Public Sewer
Water Irrigation
1
Buyer Agency Compensation
1.50
Mls Status
Active
Public Survey Range
4E
Public Survey Section
16
3 Bedrooms Units Avg Rent
1775
Cap Rate
0.09
Disclosures
None
Efficiency Units Avg Rent
1200
Electric Expense
2500
Fuel Expense
200
Gardener Expense
500
Insurance Expense
1500
Listing Terms
No Carry, Conventional
Maintenance Expense
1200
Net Operating Income
800
Operating Expense
9082
Owner Pays
Water
Tax Annual Amount
2257
Tax Book Number
124.00
Tax Lot
25
Tax Year
2022
Tenant Pays
Gas, Electricity, Cable TV
Water Sewer Expense
800
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Contact - Listing ID 6492854
Roberta Candelaria
1130 N 2nd St #108
Phoenix, AZ 85004
Phone: 6027913292
Phone Alt: 6027913292
Fax: 6026804963
Broker Email: [email protected]
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