About 111 E Bonita Way
Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.
Features of 111 E Bonita Way
| MLS® # | 7067136 |
|---|---|
| Price | $850,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Year Built | 1951 |
| Type | Multiple Dwellings |
| Status | Active Under Contract |
Community Information
| Address | 111 E Bonita Way |
|---|---|
| Subdivision | UNIVERSITY ESTATES |
| City | Tempe |
| County | Maricopa |
| State | AZ |
| Zip Code | 85281 |
Amenities
| Amenities / Community Features | No Pool |
|---|---|
| Parking Spaces | 2 |
| Parking | Detached Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Disposal, Refrigerator, Built-In Electric Oven |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Painted, Slump Block |
School Information
| District | Tempe Union High School District |
|---|---|
| Elementary | Broadmor Elementary School |
| Middle | Connolly Middle School |
| High | Tempe High School |
Additional Information
| Zoning | Residential |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty |
|---|