306 S HARDY Drive Tempe, AZ $ 700,000
306 S HARDY Drive
$ 700,000
New Construction
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306 S HARDY Drive

Tempe, AZ, 85281
$ 700,000
Baths0.0

Monthly Estimate*

$ 4,652

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306 S HARDY Drive, Tempe, AZ 85281 - Image 9
Studio

Multi-Family Home for sale in Tempe, AZ

for $700,000. This home was built in 1950.

Urban in-fill project. Prime, new construction location with exceptional opportunity for multiple townhomes or apts. Excellent for diversifying investment portfolio with steady rental revenue in fast growing metro area. Opportunity to acquire adjoining property to expand total buildable potential. Buildable potential: 6 units Lot size: 73' x 202' 306 S. Hardy Dr, Tempe 85281 124-29-075K Ideal location with EZ access to all points of interest in the Valley of the Sun. Minutes from ASU. Tentants' privacy is of utmost importance. Please do not disturb.

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Multi-Family Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,257

Style

Multiple Dwellings

Year Built

1950

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6492854

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central A/C
Roof Tile Concrete
Zoning R20
Construction Materials Brick Veneer Painted Stucco Stone Block Frame - Metal Slump Block
Year Built 1950
Electric APS
Tenant Pays Gas Electricity Cable TV
Township 1N
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 0.0
Community Features See Remarks
County Maricopa
Net Operating Income 800.0
Operating Expense 9082.0
Insurance Expense 1500.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name STATE PLAT NO 12 AMD
Garage Y/N N
Status Active
Directions 306 S. Hardy Dr. between 3th St & W. Rio Salado Parkway
High School Tempe High School
City Tempe
Buyer Agent Compensation 1.50
Disclosures None
View Y/N N
High School District Tempe Union High School District
Open Parking Spaces 6.0
NumberOfUnitsTotal 1
Lot Size Square Feet 0.0
Carport Y/N N
Street Name HARDY
Elementary School Scales Technology Academy
Tax Annual Amount 2257.0
Electric Expense 2500.0
Fuel Expense 200.0
Middle/Junior High School Geneva Epps Mosley Middle School
Water Sewer Expense 800.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 558
Standard Status Active
Occupancy Type Tenant
Elementary School District Tempe Elementary School District
Tax Lot 25
Cap Rate 0.09
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Ceramic Tile Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Free
Water Source Irrigation Individual Meter
Total Parking 6.0
Lot Size Area 0.0
Number of Buildings 2
Spa N
Lot Dimensions 136 x 202
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 306
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* Excluded Features
List By
Congress Realty, Inc.

Broker

support@congressrealty.com

Email

Affordability Calculator

$4,841
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,652
Monthly Property Taxes
$188
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327390 Elementary School
4327128 Middle School
Tempe High School High School
Pricing History
DatePricePrice ChangeDescription
1/4/2024$700,000 -19.08% Price Down
3/28/2023$865,000 -50.57% Price Down
11/25/2022$1,750,000 Listed Price

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306 S HARDY Drive, Tempe, AZ, 85281 is a Multi-Family Home for sale at $700,000. 306 S HARDY Drive is a studio with 0.0 baths and was built in 1950. The property's zip code is 85281 which is in Tempe, AZ