PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN TEMPE. SURROUNDED BY A COLLECTION OF HIGH-END COMMERCIAL/OFFICE DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY URBAN MULTI USE CONDOMINIUMS, THIS PROPERTY IS ONE OF THE LAST BEST INFILL LOCATIONS AVAILABLE FOR LONG TERM INVESTMENT GROWTH. THE 2 PARCELS ARE ALSO LOCATED IN TEMPE'S TRANSPORTATION… Read More OVERLAY DISTRICT, ALLOWING ADDITIONAL DEVELOPMENT OPTIONS NOT FOUND IN OTHER R3 ZONED CITY NEIGHBORHOODS. IN ADDITION, THE EXISTING 8 RENTAL UNITS ARE 100% OCCUPIED OFFERING IMMEDIATE CASH FLOW DURING THE PLANNING PROCESS. Read Less
Courtesy of HomeSmart, Ron Fedri, 480-443-7400.
Listing Snapshot
Days Online
68
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6978065
30 Days Snapshot Of 85281
$396k
-6%
(avg) sold price
38
+5%
homes sold
99
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Refrigerator", "Free-Standing Gas Oven"
Building
Built in 1960, Construction materials: "Painted", "Block", 8 total units
