$1,199,900

1004 E Tempe Drive, Tempe, AZ 85281

  • 6 beds |
  • 6 baths |
  • 4,186 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $287/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Perfect opportunity for luxury living or investment property in the heart of Tempe. 5% Cap rate with owners spending up to 3 months in property could be 8+% with at capacity. Must be patient when seeing with high occupancy on airbnb. This stunning 6-bedroom, 4.5-bathroom home boasts an impressive 4,186 square feet of living space with plenty of space to entertain. 2 master suites and 2 kitchens. Sold fully furnished. A private backyard paradise with meticulously landscaped outdoor space features a brand new sparkling pool, perfect for those scorching Arizona days or heat it up during the cold season. An amazing rooftop deck with breathtaking views of the surrounding area - it's the ideal spot for stargazing or entertaining friends Location is key, and this home delivers. Just minutes away from ASU, Tempe Town Lake, and Scottsdale, you'll find endless opportunities for recreation. Currently run as a successful AirBnb, this is an investors dream. Could be rented as is or converted to 2 separate housing units for additional revenue as there are already separate entrances, seperate kitchens, laundry's, etc. so you would just need close in one small wall upstairs. Since it comes fully furnished it could be up and running in no time. Owner can provide proof of rental income upon request.

Listing Status:
Active
Date Added:
October 23, 2024 at 05:00AM
Listing Office:
Landmark Homes, L.L.C. : 928-337-4815
Listing Agent:
Adam Poston : 928-245-6499
MLS ID:
6774897
  • General: Granite CountersBreakfast Bar9+ Flat CeilingsFurnished(See Rmrks)Wet BarKitchen IslandPantry2 Master BathsFull Bth Master Bdrm
  • Flooring: Vinyl
  • A/C: Central AirENERGY STAR Qualified EquipmentProgrammable Thmstat
  • Heating: ENERGY STAR Qualified EquipmentElectric
  • General: BalconyHeatedPrivate
  • Style: Contemporary
  • Pool: Heated
  • Roofing: TileRolled/Hot Mop
  • Windows: Dual Pane
  • General: StuccoWood FrameStone
  • HOA Amenities: No Fees
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Tempe School District
  • County: Maricopa
  • Zoning: 13212127
  • Fencing: Block
  • Water: City Water
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Adam Poston, Landmark Homes, L.L.C.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Laird Elementary School

1500 N Scovel St, Tempe, AZ, 85288

Grades PK-8

0.33 miles away

L

Laird Elementary School

1500 N Scovel St, Tempe, AZ, 85288

Grades PK-8

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.