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508 S Farmer Avenue

Tempe, AZ 85281
  • $2,200,000
  • STATUS: Active
  • ON SITE: 182 Days
  • MLS #: 6408423
UPDATED: 90 min ago
$2,200,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

HUGE PRICE DROP! 5th & FARMER IS A PRIME OPPORTUNITY FOR THE INVESTOR LOOKING TO PARTICIPATE IN TEMPE, ARIZONA'S CURRENT RENAISSANCE. SURROUNDED BY A HIGH END COLLECTION OF URBAN MODERNIZATION, INCLUDING BOUTIQUE HOTELS, CUTTING EDGE COMMERCIAL BUILDING AND AVANT-GARDE LIVING, 5TH & FARMER IS INTERCONNECTED TO MULTIPLE TRANSPORTATION NETWORKS INCLUDING THE VALLEY LIGHT RAIL AND TEMPE'S OWN STREET CAR. IN ADDITION TO OFFERING A MULTITUDE OF POSSIBILITIES WITH INVESTMENT POTENTIAL, THE EXISTING 8 RENTAL UNITS ARE 100% OCCUPIED WITH AN IMMEDIATE CASH FLOW.

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Realty Phoenix. Data last updated 2022-11-29T17:51:53.91.
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508 S Farmer Avenue Tempe, AZ 85281

  • Price: $2,200,000
  • Status: Active
  • On Site: 182 Days
  • Updated: 90 min ago
  • MLS #: 6408423
0
Beds
0
Baths
0
½ Baths
0.27
Acres
County:
Maricopa
Area:
Tempe
Property Description
HUGE PRICE DROP! 5th & FARMER IS A PRIME OPPORTUNITY FOR THE INVESTOR LOOKING TO PARTICIPATE IN TEMPE, ARIZONA'S CURRENT RENAISSANCE. SURROUNDED BY A HIGH END COLLECTION OF URBAN MODERNIZATION, INCLUDING BOUTIQUE HOTELS, CUTTING EDGE COMMERCIAL BUILDING AND AVANT-GARDE LIVING, 5TH & FARMER IS INTERCONNECTED TO MULTIPLE TRANSPORTATION NETWORKS INCLUDING THE VALLEY LIGHT RAIL AND TEMPE'S OWN STREET CAR. IN ADDITION TO OFFERING A MULTITUDE OF POSSIBILITIES WITH INVESTMENT POTENTIAL, THE EXISTING 8 RENTAL UNITS ARE 100% OCCUPIED WITH AN IMMEDIATE CASH FLOW.
Exterior Features

Lot Size Dimensions 167.5 X 100 Parcel Size .25 - .49 Acres

Property Features

Cross Street 5TH & FARMER Electric Aps Existing Land Use Residential Lot For Sale Or Lease Sale Gas NoneSw Gas Hoa YN N Hoa2 YN N Horses N New Financing CashConventional Potential Use CommercialMulti-FamilyOfficeRetail Sewer Sewer - Public Special Listing Conditions N/A Tax Year 2021 Taxes 3493.00 Water City Franchise Zoned Presently Multi-Family Zoning R3

Arizona Regional MLS logo Listing provided by Homesmart: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Realty Phoenix. Data last updated 2022-11-29T17:51:53.91.
 
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Keller Williams Realty Phoenix
3920 South Rural Road Suite 110
Tempe AZ, 85282