1446 S Newberry Ln Tempe, AZ 85281

Listing details for 1446 S Newberry Ln, Tempe, AZ 85281 : GREAT SINGLE-FAMILY INVESTMENT PROPERTY in TEMPE! Nestled in the highly-coveted Newberry Terrace subdivision of Tempe and in walking distance to ASU is this incredible 3 Bdrm/3.5 Bath two-story former model home. High cashflow property with almost 8% CAP rate, low HOA, and Fully-Leased until end of summer with high rents. Incredible rental demand for these homes, it practically rents itself... Upgrades include: Tile throughout lower level, stone elevation, upgraded cabinets - Corian counter tops and island anchor the open floor plan. 3 Master en-suite bedrooms upstairs afford both privacy and convenient inside laundry access. Low maintenance backyard with large patio. Perfectly located to walk to ASU, light rail or Orbit Route. This is the investment you have been waiting for!