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Amy Jones Real Estate Group

[email protected] +1(480) 250-3857

$ 255,000

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200 E SOUTHERN Avenue #224 Tempe, AZ 85282

2 Beds

2 Baths

941 SqFt

UPDATED:

Key Details

Property Type Condo, Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 941 sqft

Price per Sqft $270

Subdivision Chesapeake Condominium

MLS Listing ID 7009928

Bedrooms 2

Full Baths 2

HOA Fees $445/mo

HOA Y/N Yes

Year Built 1986

Annual Tax Amount $1,195

Tax Year 2025

Lot Size 1,202 Sqft

Acres 0.03

Property Sub-Type Apartment

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Coming Soon - Investor Opportunity: Located in the heart of Tempe, this 2-beds, 2-bath condominium offers a compelling opportunity for investors seeking immediate rental income with long-term upside. Currently tenant-occupied with a lease in place through November 2026, this property provides stable in-place income and future potential for repositioning. - The unit features approx. 941 sqft with a split layout, including spacious living areas and private outdoor space. Situated within a well-located community near major employment centers, shopping, dining, bus stop and freeway access, the property benefits from strong rental demand in the area. - This is a cash-only opportunity due to community and financing considerations, making it ideal for seasoned investors adding to their portfolio.

Location

State AZ

County Maricopa

Community Chesapeake Condominium

Area Maricopa

Rooms

Other Rooms Great Room

Master Bathroom true

Master Bedroom Split

Den/Bedroom Plus 2

Separate Den/Office N

Interior

Interior Features Granite Counters, Vaulted Ceiling(s), Full Bth Master Bdrm

Heating Electric

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range

SPA Heated

Laundry Inside

Exterior

Exterior Feature Balcony, Storage

Parking Features Detached Carport, Assigned

Carport Spaces 1

Fence Wood

Community Features Pool, Community Spa, Near Bus Stop, Community Laundry

Utilities Available SRP

View City

Roof Type Tile

Private Pool No

Building

Lot Description Borders Common Area, North/South Exposure, Grass Front, Grass Back

Story 2

Builder Name UNK

Sewer Public Sewer

Water City Water

Structure Type Balcony,Storage

New Construction No

Schools

Elementary Schools Broadmor Elementary School

Middle Schools Connolly Middle School

High Schools Tempe High School

School District Tempe Union High School District

Others

HOA Name Chesapeake Owners

HOA Fee Include Roof Repair,Insurance,Sewer,Maintenance Grounds,Street Maint,Trash,Water,Roof Replacement,Maintenance Exterior

Senior Community No

Tax ID 133-46-233

Ownership Condominium

Acceptable Financing Cash

Horse Property N

Disclosures Seller Discl Avail

Possession Close Of Escrow

Listing Terms Cash

Listed by DeLex Realty • Liza Rhima

NEARBY SCHOOLS & PROPERTIES

Amy Jones Real Estate Group

+1(480) 250-3857

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Gilbert, AZ

Amy Jones Real Estate Group

200 E SOUTHERN Avenue #224 Tempe, AZ 85282

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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200 E SOUTHERN Avenue #224