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About the Listing cril02 - rf013
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 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.
Listing Highlights
Status
Active
Days on Site
36
Property Type
Multi-Family
MLS ®
6978065
Year Built
1960
Total Square Footage
0
Lot/Acreage
N/A
Interior Details
- Bedrooms: 8
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Electric,Heat Pump,Individual
- Heating: Heat Pump
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Built-Up
- Others:
- Sewer: Sewer-In & Connected,Public Sewer
- Parking Features: Off Street,Detached Carport,Add'l Parking Avail
Financial Details
- Tax Amount: $3,659
- Taxes w/Assessments: N/A
- Tax/Property ID: 124-33-002-A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
508 S Farmer Ave Tempe, AZ 85281
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