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1114 S FARMER Avenue, Tempe, AZ 85281 (MLS # 5721545) 517500
1114 S FARMER Avenue, Tempe, AZ 85281 (MLS # 5721545)
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HOT INVESTOR OPPORTUNITY!! One of the most desirable areas in Tempe!! This property is zoned R-3 for multi-family development. There are TWO HOMES on the lot. Main house, 1114 Farmer is updated. 3bed/1 bath 1469 sq/ft and a private yard. Rear house, 1116 Farmer is like NEW!! Built 2016 2bed/2bath 839 sq/ft and private yard. Both houses on separate meters. Both properties have TWO parking spaces. TURN KEY investment. This area is BOOMING with multifamily developments being built up. Both houses currently rented for $1500 a month. INSTANT cash flow! 1/2 Mile fro ASU and Downtown Tempe. HOME IS CURRENTLY OCCUPIED BY TENANTS. DO NOT DISTURB. LEASE ENDS JULY 31.
1114 S FARMER Avenue, Tempe, AZ 85281 (MLS # 5721545)
1114 S FARMER Avenue
Tempe
AZ
85281
USA
33.417220
-111.944551
517500
USD
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Picture of 5721545 in Tempe
Photo 1 of 1 for MLS #5721545
$517,500
Beds 5
Baths 3
HOME SIZE n/a

HOT INVESTOR OPPORTUNITY!! One of the most desirable areas in Tempe!! This property is zoned R-3 for multi-family development. There are TWO HOMES on the lot. Main house, 1114 Farmer is updated. 3bed/1 bath 1469 sq/ft and a private yard. Rear house, 1116 Farmer is like NEW!! Built 2016 2bed/2bath 839 sq/ft and private yard. Both houses on separate meters. Both properties have TWO parking spaces. TURN KEY investment. This area is BOOMING with multifamily developments being built up. Both houses currently rented for $1500 a month. INSTANT cash flow! 1/2 Mile fro ASU and Downtown Tempe. HOME IS CURRENTLY OCCUPIED BY TENANTS. DO NOT DISTURB. LEASE ENDS JULY 31.

Additional Details
School District 213 - Tempe Union High School District
Elementary School Holdeman Elementary School
Jr. High School Gililland Middle School
High School Tempe High School
AIR Electric Refrigeratd
AIR CONDITIONING Yes
AMENITIES No Pool
APPLIANCES BI Oven/Range, Dishwasher, Disposal, Microwave, Other (See Remarks), Refrigerator, W/D Hookup
CONSTRUCTION Block, Frame - Wood; Painted
EXTERIOR Landscape Wtr System
HEAT Electric, Gas, Other (See Remarks)
HOA DUES $0.00
INTERIOR Fire/Smoke Alarm(s), Shutters
LOT DIMENSIONS 50X130
PARKING Other (See Remarks),>1 Space Per Unit
SEWER Sewer - Public
STYLE Other
SUBDIVISION VAL VERDE
TAXES 2357.00;
UTILITIES Elec: APS
WATER City Franchise,Individual Meter

1114 S FARMER Avenue, Tempe

 

Located in Maricopa County, 1114 S FARMER Avenue is currently listed for $517,500, has 5 bedrooms, 3 bathrooms, n/a Living Space, on a sq ft lot. VAL VERDE If you have a home to sell in Tempe,
go to Arizona Property Values to get your instant home value report.

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Data last updated 7/16/18 12:58 PM PDT.

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