Charming 3-Unit Property in Downtown Tempe Prime Location: Nestled on a secluded street near Mill Avenue, this property offers the perfect blend of tranquility and urban convenience. Investment Opportunity: Situated in the heart of Downtown Tempe, this 3-unit property is a stone's throw away from Tempe Town Lake, the Light Rail Station, and the Trolley Car. Enjoy the vibrant activities of Downtown Tempe and the bustling Arizona State University campus. Property Features: Three One-Bedroom Units: Each unit boasts a ranch-style layout with upgraded kitchens, two skylights, and individual washers and dryers. Modern Amenities: Equipped with tankless water heaters, a new roof 8/24, and new air conditioning units 8/24. Long-Term Tenants: Residents typically stay for over five years, but the current one-year leases allow for a month-to-month option, making it ideal for an owner-occupant. Additional Opportunity: This property can be purchased together with the identical triplex next door at 509 West 2nd Street, creating a 6-unit package. Don't miss out on this unique investment opportunity in one of Tempe's most sought-after locations! Ready for FHA owner occupant, Seller willing to assist/negotiate with buyer closing cost.
MLS# | 6748206 |
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Listing Type | For Sale |
Sub-Type | For-sale |
Status | Pending |
Year | 1955 |
Days On Site | 14 |
Listing Provided By | Congress Realty, Inc. | Jared A English |
Pool | Yes |
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Units | 3 |
Building(s) | 1 |
Zoning | Industrial |
Acreage | 0.16 |
State | AZ |
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County | Maricopa |
City | Tempe |
Zip Code | 85281 |
Area | Maricopa |
Community Name | STATE PLAT NO 12 AMD |
School District | Tempe Union High School District |
Elementary School | Tempe Elementary School District |
Middle School | Connolly Middle School |
High School | Tempe Union High School District |
Listing VS Median (in STATE PLAT NO 12 AMD) | |
Price: $675,000 low | high Med: $1,895 On Site: 14 low | high Med: 10.000000 |