1917 E Broadway Road $5,275,000

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    1917 E Broadway Road Tempe, AZ 85282

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6029583
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    Views: 198 Days On Market: 120

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    Property Details

    Situated along the frontage of Broadway Road in the heart of Tempe and thesoutheast valley of Metro Phoenix, The Harlow presents a rare opportunity toacquire a low-density 27-unit, completely renovated, luxury one- and two-storyapartment community that provides today's renters with a truly unique rentalexperience. Built in 1963 using block construction, The Harlow consists of20,550 square feet of rental space with an 761 square foot per unit average.The property is individually metered for utilities with (19) two-bedroomtownhouse style units, (2) two-bedroom/two-bathroom units and (6)one-bedroom/one-bathroom units. Each townhouse apartment has an open concept floor plan with expansive nine-foot ceilings, quartz countertops, stainless steel appliances, custom cabinetry, full-size side-by-side washers and dryers, wood plank flooring throughout, designer paint, and many other luxury home touches.The extensive property renovations include all new roofs, dual-pane doors and windows. Other amenities include: ample parking, secure community with code entry gates, enclosed dog park and swimming pools.The property also enjoys an onsite management office allowing for convenient coordination with current and prospective tenants.

    • General Features
      • Assessor Book # 133.00
      • Assessor Map # 51.00
      • Assessor Number 133-51-067-B
      • Assessor Parcel # 67.00
      • Assessor Parcel Ltr B
      • Community Amenities Pool(s), Manager Res/Office
      • County Maricopa
      • Covered Parking Spcs 1.00
      • Cross Street Broadway and McClintock
      • Directions East to property.
      • Gas None
      • List Date 2020-01-28
      • Marketing Name The Harlow
      • New Financing Conventional
      • Parking Garage, >1 Space Per Unit
      • Project Type 25 - 50 Units
      • Roofing Error: ClassID in tblMLSFieldPropertyType is null.
      • Tax Municipality Tempe
      • Tax Year 2019
      • Taxes $15,012
      • Total Units 27.00
      • Type ER
      • Uncvrd Parking Spcs 40.00
      • Year Built 1963
      • Zoning MF
    • Building Features
      • Construction Block, Frame - Wood
      • Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
      • Floors Vinyl/Composition
      • Cooling Electric Refrigeratd
      • Heating Electric
    • Room Features
      • 1 6
      • 1 950.00
      • 1 500
      • 1 1
      • 2 21
      • 2 15
      • 2 850.00
      • 2 850
      • 3 0
      • 3 0
      • 3 0
      • 3 0.00
      • 4 0
      • 4 0
      • 4 0.00
      • 4 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Tenant Pays Electric
      • Ownership Fee Simple
      • Owner Pays Water, Sewer
      • Income & Expenses: Net Operating Income 323972.00
      • Income & Expenses: Gross Annual Sch Inc 399540.00
      • Income & Expenses: Adjusted Gross Inc 420925.05
      • Legal Info: Lot Number -
      • Total Parking Space 41.00
      • Number of Buildings 5
      • Electric SRP
      • Lot Size Dimensions unknown
      • Sewer Sewer - Public
      • Water City Franchise
    • Schools
      • School District 213

    Contact

    Sam Elam

    Sam Elam

    ASSOCIATE BROKER, GRI, CRS, e-PRO, SFR

    Gilbert - Mesa Office

    Mobile Phone: 480-213-1799

    Neighborhood

    85282 (Tempe) Demographics

    31 Median Age
    4,640 Population Density (per sq. mile)
    44% College Educated
    $51,129 Estimated Median Income
    9,066 Estimated Total Home Owners
    11,905 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    51,847 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $309,500 Median Sales Price
    60 Homes Sold
    77 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $5,275,000 0.48%
        1/28/2020 2:44:00 PM New in Database Source New Value: $5,250,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 5/27/2020 11:10:47 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Berkshire Hathaway HomeServices Arizona Properties.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.