401 S ROBERT Road Open House Save Request In-Person Tour Request Virtual Tour
Tempe,AZ 85281
OPEN HOUSE
Sat Nov 23, 12:00pm - 2:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,524 sqft
Price per Sqft $328
Subdivision Willacker Homes
MLS Listing ID 6748518
Bedrooms 5
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1951
Annual Tax Amount $1,593
Tax Year 2023
Lot Size 6,817 Sqft
Acres 0.16
Property Description
Unlock Your House-Hacking Potential in the Heart of Tempe! This expansive 5-bedroom, 2-bathroom home offers a rare combination of space, style, and income-generating possibilities, perfect for investors or savvy homebuyers. Live in one room and Airbnb the rest, rent out individual rooms, or make it your full-time residence while letting the property pay for itself. Projected to generate an impressive annual revenue of $69,007, this home boasts a 10.4% Cap Rate, 13.7% Gross Yield, and a 15.4% Cash-on-Cash Return. Thoughtfully updated, the home features a bright, airy kitchen with sage-colored cabinets and skylights, alongside energy-efficient double-pane windows and durable block walls for added insulation. With prime proximity to Tempe's top amenities and solid Airbnb performance in the area, this property is poised for consistent returns. Don't miss this unique opportunity to own a spacious, stylish home with significant investment upside! Maximize rental space with 5 rooms or swap one room for an oversized primary suite.
! Properties that offer this perfect blend of aesthetic appeal and an unbeatable environment near ASU, Mill Ave, and the 10, 60 ,202 freeways are truly one-of-a-kinddon't miss the chance to make it yours
Location
State AZ
County Maricopa
Community Willacker Homes
Rooms
Den/Bedroom Plus 5
Separate Den/Office N
Interior
Interior Features Eat-in Kitchen,No Interior Steps
Heating Electric
Cooling Refrigeration
Flooring Laminate
Fireplaces Number No Fireplace
Fireplaces Type None
Fireplace No
SPA None
Exterior
Exterior Feature Patio
Fence Wood
Pool None
Amenities Available None
Waterfront No
Roof Type Composition
Private Pool No
Building
Lot Description Gravel/Stone Front,Gravel/Stone Back
Story 1
Builder Name unknown
Sewer Public Sewer
Water City Water
Structure Type Patio
New Construction No
Schools
Elementary Schools Scales Technology Academy
Middle Schools Geneva Epps Mosley Middle School
High Schools Tempe High School
School District Tempe Union High School District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 124-29-037
Ownership Fee Simple
Acceptable Financing Conventional,FHA,VA Loan
Horse Property N
Listing Terms Conventional,FHA,VA Loan