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1226 W 5th Street, Tempe, AZ 85281
$820,000
1226 W 5th Street, Tempe, AZ 85281View this property at 1226 W 5th Street, Tempe, AZ 85281
1226 W 5th StreetTempeAZ85281
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Property Description
Location Location Location!!!! You Wont Want To Miss This Amazing Cash Flow Opportunity Located Close To All Restaurants, Bars, Offices Major Fwys and Asu. All Units Have Been Completely Renovated With Designer Touches Throughout. Brand New Roof, New Dual Paned Windows, Fresh Interior & Exterior Paint, Led Lighting Throughout, Bathrooms and Kitchens With Shaker Cabinetry and Quartz Countertops. Stainless Steel Appliances, Porcelain Flooring, 5 1/4'' Baseboards, New Interior Shaker Panel Doors. This Property Is Ready To Go With All New Leases in Place. Each Unit Has Its Own Electric Meter. Unit 1228 Leased For $2350 Per Month and Pays Own Utilities, Unit 1226 Rented For $1560 Per Month Pays Own Utilities, Studio Unit in Back Rented $1200 Landlord Pays All Utilities.
Full Property Details
Full Property Details for 1226 W 5th St
General
- Sold For: $820,000
- Taxes: $1,712
- Status: Closed
- Type: Triplex
- MLS ID: 6401121
- Added to Site: 703 day(s) ago
Business
- Includes: Building(s) Only, Laundry Equipment
Interior
- Interior Features: Fire/Smoke Alarm(s), Unfurnished
- Appliances: Dishwasher, Disposal, Free-Standing Oven and Range, Microwave, Refrigerator, Washer/Dryer
- Flooring: Other
Additional Information
- Shared Amenities: No Pool
Parking
- Covered Spaces: 2
- Parking Features: Carport, Street Parking
Location
- County: Maricopa
- Township: 1N
- Subdivision: PECAN GROVE ESTATES
- Cross Streets: S Priest Dr and W 5th St
School Information
- High School District: Tempe Union High School District
- Elementary School: Scales Technology Academy
- Middle School: Geneva Epps Mosley Middle School
- High School: Tempe High School
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning
- Heating Type: Central
Utilities
- Gas: SW Gas
- Sewer: Public Sewer
- Water: Individual Meter
Structural Information
- Construction: Block
- Exterior Const.: Painted
- Roof: Composition Shingles
- Year Built: 1960
Unit Information
- 1 Bedroom Baths: 1
- 1 Bedroom Sq. Ft.: 400
- 2 Bedroom Units: 2
- 2 Bedroom Baths: 2
- 2 Bedroom Sq. Ft.: 970
Lot Features
- Street/Road Desc.: Alley, Asphalt
- Zoning: multi family
Financial Considerations
- Tax Amount: $1,712
- Terms: 1031 Exchange, Conventional
- Owner Pays: Electric, Gas, Water
- Tenant Pays: Electric, Gas, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.50%
- Buyer/Broker Compensation Available: Yes
- Range: 4E
- Section: 16
- Lot Number: 13
Listed by Realty ONE Group
Sold by My Home Group Real Estate
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Schools
Schools serving 1226 W 5th St
School Districts:Tempe School District, Tempe Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1115 W 5th St, Tempe, AZ 85281 | K-5 | 0.2 mi | |
1025 S Beck Ave, Tempe, AZ 85281 | 6-8 | 0.6 mi | |
1730 S Mill Ave, Tempe, AZ 85281 | 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 1226 W 5th St
Date
Details
Price
Change
Source
8/15/2022
Sold
$820,000
-8.79%
MLS
6/15/2022
Price Reduced
$899,000
-10.01%
MLS
5/17/2022
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1226 W 5th Street, Tempe, AZ 85281 (MLS# 6401121) is a Triplex property that was sold at $820,000 on August 15, 2022. Want to learn more about 1226 W 5th Street? Do you have questions about finding other Triplex real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.