1214 S Farmer Ave., Tempe, AZ 85281

6 Units walking distance to Mill Ave and Arizona State University. Two Buildings on one parcel two units one story and two story 4 Plex. 6 Units 1 Bed 1 Bath with a sub-let studio lease Dec 15 for $500 a month including utilities. New owner has an opportunity to add the Studio to one of the current 1 bedrooms making it a 2bed 2 bath. 100% occupied. Proforma is using current 2015 vacancy of 2.75%. 4 Units feature desirable two story with living down and bedroom up including hip industrial staircase. Roof for 1 story is a 25 year laminated /3D installed 1994. The roof on the two story is flat Tuff Foam roof system NEW Dec 2015. 5 A/C heat pumps installed 2013. Close of Escrow for 1214 S Farmer Ave. only After Jan 2 2016. The infor