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1016 S Mariana Street, Tempe, AZ 85281
$905,000
1016 S Mariana Street, Tempe, AZ 85281View this property at 1016 S Mariana Street, Tempe, AZ 85281
1016 S Mariana StreetTempeAZ85281
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Property Description
HIGHLY sought ASU location. Walking distance and fully renovated units with inside washer and dryers. New fully renovated electric, new plumbing, new roof, new windows, new everything. This magnificent brick building is in perfect condition, 100% occupancy with low maintenance tenants, low expenses, and well kept grounds. This property is currently rented for $961 per unit with terms ending between May and June next year. No HOA, walking distance to light rail, and proforma rentals between to $1600 to $2200 student housing units. Perfect opportunity for the savvy investor. Don't miss this one! Low maintenance with two gorgeous palm trees at the front. No large messy trees that compromise your new roof.
Full Property Details
Full Property Details for 1016 S Mariana St
General
- Sold For: $905,000
- Taxes: $1,127
- Status: Closed
- Type: Multi-Family
- MLS ID: 6299497
- Added to Site: 939 day(s) ago
Business
- Includes: Land & Building
Interior
- Interior Features: Unfurnished
- Appliances: Built-In Oven and Range, Disposal, Free-Standing Oven and Range, Microwave, Refrigerator, Washer/Dryer
- Flooring: Ceramic Tile, Wood
Additional Information
- Shared Amenities: No Pool, Other, See Remarks
Exterior
- Exterior Features: Green Landscaping, Landscape Watering System
Parking
- Parking Features: 1 Space/Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: MARIANA PARK 2
- Cross Streets: Rural & University
- Driving Directions: From University Drive. South on Dorsey Ln, West on Orange St, South on Mariana St
School Information
- Elem School District: Tempe Elementary School District
- High School District: Tempe Union High School District
- Elementary School: Broadmor Elementary School
- High School: McClintock High School
Heating & Cooling
- Cooling Type: Individual, Wall/Window Air Conditioning
- Heating Type: Electric
Utilities
- Gas: SW Gas
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- Construction: Block
- Exterior Const.: Painted
- Roof: Rolled
- Year Built: 1962
Unit Information
- Studio/Effic Units: 4
- Studio/Effic Baths: 1
Lot Features
- Lot Dimensions: 118*66
- Street/Road Desc.: Asphalt
- Zoning: MH
Financial Considerations
- Tax Amount: $1,127
- Terms: 1031 Exchange, Conventional
- Owner Pays: Landscaping, Sewer, Trash Collection, Water
- Tenant Pays: Electric
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.50%
- Buyer/Broker Compensation Available: Yes
- Range: 4E
- Section: 23
- Lot Number: 18
Listed and Sold by Cluff Real Estate LLC
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Schools
Schools serving 1016 S Mariana St
School Districts:Tempe School District, Tempe Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1500 N Scovel St, Tempe, AZ 85281 | K-8 | 2 mi | |
1830 E Del Rio Dr, Tempe, AZ 85282 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1016 S Mariana St
Date
Details
Price
Change
Source
12/10/2021
Sold
$905,000
-7.18%
MLS
10/18/2021
Price Reduced
$975,000
-2.01%
MLS
9/28/2021
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1016 S Mariana Street, Tempe, AZ 85281 (MLS# 6299497) is a Multi-Family property that was sold at $905,000 on December 10, 2021. Want to learn more about 1016 S Mariana Street? Do you have questions about finding other Multi-Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.