626 S Wilson Street

    Tempe, AZ 85281
    • $2,160,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: 6001308
    UPDATED: 35 min ago
    $2,160,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Venture on Wilson is a 12-Unit garden-style property was constructed in 1960 and recently underwent extensive renovations, completed in 2019. Being located one block North of University and one block West of Farmer Avenue, Venture on Wilson truly lies in the heart of Tempe. Within walking distance of Arizona State University's Tempe Campus, the iconic Mill Avenue corridor, and Tempe Beach Park this property epitomizes student-work-life living. With construction wrapping up on the new Whole Foods Market only one block from the property residents will have the convenience of a walk-able grocery store.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Kenny Klaus Team | Keller Williams Integrity First. Data last updated 2019-11-18T21:10:52.92.
    www.klausteam.com/homes/100594438

    626 S Wilson Street Tempe, AZ 85281

    • Price: $2,160,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 6001308
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    State Plat No 12 Amd
    County:
    Maricopa
    Area:
    Tempe
    School District:
    003 - Tempe School District
    Property Description
    Venture on Wilson is a 12-Unit garden-style property was constructed in 1960 and recently underwent extensive renovations, completed in 2019. Being located one block North of University and one block West of Farmer Avenue, Venture on Wilson truly lies in the heart of Tempe. Within walking distance of Arizona State University's Tempe Campus, the iconic Mill Avenue corridor, and Tempe Beach Park this property epitomizes student-work-life living. With construction wrapping up on the new Whole Foods Market only one block from the property residents will have the convenience of a walk-able grocery store.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Landscape Wtr SystemOther (See Remarks) Lot Size Dimensions 105 Ft X 218 Ft Parking Paved ParkingStreet Parking>1 Space Per Unit Roads Asphalt/Blacktop Roofing Foam Total Parking Spaces 18.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 625 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 800 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorDishwasherDisposalMicrowaveWasher/DryerW/D HookupOther (See Remarks) Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Other (See Remarks) Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 1100.00 1 Bedroom Units 10 2 Bedroom Unit Avg Rent 1275.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 158472.00 Annual Elec Exp 5200.00 Annual Gas Exp 0.00 Annual Ins Exp 2400.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 2000.00 Annual Legal And Acctg 1500.00 Annual Maint Exp 4200.00 Annual Mgmt Exp 7883.00 Annual Other Expense 4949.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 2400.00 Annual Trash Exp 800.00 Annual Wtr Swr Exp 1200.00 Community Amenities No PoolOther (See Remarks) Cross Street University Drive & Mill Avenue Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Other (See Remarks) Gross Annual Sch Inc 162600.00 Hoa YN No Net Operating Income 120319.00 New Financing Other (See Remarks) Operating Exp 37347.00 Other Income 7800.00 Other Type Other (See Remarks) Owner Pays WaterLandscaping Project Type 5 - 12 Units Sale Includes Land & BuildingOther (See Remarks) Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected ProformaOther (See Remarks) Tax Municipality Tempe Taxes 4815.00 Tenant Pays ElectricOther (See Remarks) Totl Mnth Rntal Inc 157667.00 Vacancy Allowance 0.07 Water City Franchise Zoning R-3

    Listing courtesy of Abi Multifamily.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Kenny Klaus Team | Keller Williams Integrity First. Data last updated 2019-11-18T21:10:52.92.
     
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