About 1004 E Tempe Drive
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.
Features of 1004 E Tempe Drive
| MLS® # | 6774897 |
|---|---|
| Price | $1,199,900 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Square Footage | 4,186 |
| Acres | 0.17 |
| Year Built | 2008 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 1004 E Tempe Drive |
|---|---|
| Subdivision | North Tempe |
| City | Tempe |
| County | Maricopa |
| State | AZ |
| Zip Code | 85281 |
Amenities
| Utilities | APS |
|---|---|
| Parking Spaces | 6 |
| # of Garages | 4 |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Heated |
Interior
| Interior Features | Granite Counters, Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm |
|---|---|
| Appliances | Electric Cooktop |
| Heating | ENERGY STAR Qualified Equipment, Electric |
| Cooling | Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior Features | Balcony, Covered Patio(s) |
|---|---|
| Lot Description | Desert Front, Gravel/Stone Front, Synthetic Grass Back |
| Windows | Dual Pane |
| Roof | Tile, Rolled/Hot Mop |
| Construction | Stucco, Wood Frame, Stone |
School Information
| District | Tempe Union High School District |
|---|---|
| Elementary | Tempe Elementary Online Community |
| Middle | Tempe Elementary Online Community |
| High | Tempe High School |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Landmark Homes, L.L.C. |
|---|