One block from ASU (walking distance)

3 bedroom/1ba (two bath would be nice but almost no homes in neighborhood have that).

Rarely are homes available in this neighborhood. (10 listings in two years).

It's in the historic district and is priced at $145K. My guess is that it needs about $15k in fixup (paint, carpets, misc.).

This home is 1100 sq ft. ... A home with 832 sq ft sold 3 months ago for $206k.

There is a sale pending nearby: 1750 sq ft for $398k.

Ball park for a rental of this sort is $1300/mo. (if rehabbed of course).

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Chuck Willman (480.292.0600) is an agent specializing in discovering properties appealing to first time home buyers and investors. Though based in the Phoenix, Arizona metro area he also deals in properties nationwide with clients from around the world.