2604 E. Lemon St Tempe, AZ 85281

$305,000 | Townhome | 1976​

Property Description​​
Nice Townhome in the heart of Tempe with 3 bedrooms/2 bathrooms. In the Oaks II HOA, a clean/well-maintained community just a few miles
from ASU. $187/month dues for the HOA.

Operating as a rental, the current rent is $1700/month with a lease expiring at the end of September. Value-add
property. Community pool. Appliances included. W/D hookups.

Note this is part of a package (including 2641 E. Orange-also $305,000). Available together as a package or sold individually.

Could work well for an investor or owner-occupant. Rent could be increased significantly. Offered at $269/sf, highly competitive for
Tempe. Very similar unit just closed for $320,000.

Buyer to complete and rely on own due diligence. Do not disturbe the tenants. Showings in Escrow only.

2641 E. Orange St Tempe, AZ 85281

$305,000 | Townhome | 1976​

Property Description​​​
Nice Townhome in the heart of Tempe with 3 bedrooms/2 bathrooms.

In the Oaks II HOA, a clean/well-maintained community just a few miles
from ASU. $187/month dues for the HOA.

Operating as a rental, the current rent is low at $1628.80 with a month-to-month lease in place.

Well-maintained property with cosmetic upgrades in the last few years.

Community pool. Appliances included. W/D hookups. Note this is part of a package (including 2604 E. Lemon-also $305,000). Available together as a package or sold individually.

Could work well for an investor or owner-occupant. Rent could be increased
significantly. Offered at $259/sf, highly competitive for Tempe. Very similar unit just closed for $320,000.

Buyer to complete and rely on own due diligence. Do not disturbe the tenants. Showings in Escrow only.

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​​​Cass Stephens - S.J. Fowler ReAL ESTATE INVESTMENT

​​Commercial Multifamily & 

​Investment Specialist

​Multifamily for sale, multifamily real estate

2310 W. Monroe St. Phoenix, AZ 85009

$325,000 | 2 Buildings - 2 units | 1937

​Temporarily Off Market​
​
Description​​

Nicely upgraded single family on an attractive block just west of the I-17 with many owner-occupied neighbors.

This Flemish brick house was sandblasted and offers newer unique windows. Excellent curb appeal.

The house includes a 2 bedroom/1 bath front portion; a separate attached studio with bath/kit/own entrance.

Bonus attached separate laundry/storage room. Just under 1500 sf total.

Clean garage with power as well. Property offers newer copper plumbing/sewer lateral; newer Low-E windows/treatments; HVAC unit; 10 yr roof; some newer electrical; plaster walls; newer carpet; and just painted.

Value-add kitchens/baths & flooring! Lots of possible uses of the space.

Could be appealing to both owner-occupants and investors.

R1-6 city zoned. Irrigated drip backyard. 

Buyer to complete and rely on own due diligence. 

2460 S. High View Circle Cottonwood, AZ 86326

Corner Off Mission Lane

$900,000 | 1987

Property Description
Fourplex - 3 BR/1.5 BA lower units -
3 BR/2BA in upper units (1063 /- SF each).
Very large units! Generous 10,853 SF.
Two duplex buildings with ample parking and a nice courtyard.
Great views of mountains as well!

Current Rents: 
 $1,074/ $1,275 / $1,035 / $1,195 (Very low!)
 $4579 gross or $54,948/year projected
All leases are month-to-month or expire soon.
Projected to be operating at a 4.5 cap rate w/ lots of potential.
ALL NEW STUCCO EXTERIOR & REPAINT 
at a cost of $42,000+. Just completed!
Cottonwood rental demand is off the charts! 

Only $211/sf in one of the hottest rental markets in AZ!
Compare this to the much higher prices/sf in the Valley!
Rents should be much higher, especially with some cosmetic upgrades.
Close to all of the action, just 30 minutes to Sedona or Prescott!
Very low crime with an incredibly deep rental pool=Cash Flow!  

Buyer to complete and rely on own due diligence. Do not disturbe the tenants. Showings in Escrow only.