600 W 5th Street Unit 1, Tempe, AZ 85281

$1,300,000
Sold Price
$1,300,000
List Price
$1,475,000
Closing Date
Dec 15, 2021
Days on Market
136
Status
CLOSED
MLS#
6239734
City
Tempe
Lot Size
25,264
Subdivision
Tempe 4 Parcels- 124-31-023 A - 124-31-123 B 124-31-024 - 124-31-028

Property Description

Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & all it has to offer! Road frontage on 5th st & Roosevelt St. Great potential for many different uses. Two existing structures leased on a month to month basis. City of Tempe was submitted plans for a 11 plex, just needs approval!! Over half an acre, 25,264 sq ft lot! This property is in an Opportunity Zone in Tempe a tax benefit to buyer! 4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028 Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Great potential for many different uses. Existing structures leased on a month to month basis. City of Tempe was submitted plans for a 12 plex, just needs approval!! Over half an acre. Lots of road frontage on 5th St and Roosevelt St, just blocks from downtown Mill Ave and all it has to offer! 4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028

Additional Information

Elementary School
Scales Technology Academy
High School
Tempe High School
Middle School
Geneva Epps Mosley Middle School
Acres
0.58
Electric
SRP
Fencing
Chain Link, Wood
Lot Size
25,264
New Financing
CTL, Conventional
Sewer
Public Sewer
Subdivision
Tempe 4 Parcels- 124-31-023 A - 124-31-123 B 124-31-024 - 124-31-028
Taxes
$6,243
Tax Year
2020
Water
See Remarks, City Franchise
Zoning
R-3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Sonoran Living. Selling Office: Grace CRE.

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