421 W 5th Street, Tempe, AZ 85281

$795,000
3
BD
1
BA
1,000
SqFt

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List Price
$795,000
Status
ACTIVE
Days on Market
116
MLS#
7029919
City
Tempe
Bedrooms
3
Bathrooms
1
Living SQFT
1,000
Lot Size
8,375
Acres
0.19
Year Built
1954
Type
Single Family Residence

Property Description

Do NOT disturb tenants, drive-by Only! RARE opportunity to own a property just a few blocks away from Mill Ave! Located on one of the best streets - 5th St! Great R3 zoning! Large 8,300+ sf lot! New construction abounds! Urban infill at its best! - there is a new 50m+ upscale mid-rise project directly across the street that is just being completed! And less than 100 yards to the east is Farmer Ave, where hundreds of millions have been spent on a variety of commercial, multifamily, and mixed used developments, including the new Westin Vib hotel! Only a block to the Tempe Streetcar, which connects to the Light Rail, which is less than 2 min away! Walk to ASU, Mill Ave, Tempe Town Lake and more! This is a GREAT AREA!! R-3 ZONING, large/deep lot!! Perfect location for new condos/townhomes etc. Zoning should allow for 3 units but check with city as owner/agent makes no guarantees. Imagine the views from the 3rd floor rooftop balconies of the West 5 towers and the Tempe skyline, plus the mountain views!! Drive by only, do not disturb the tenants, Thx

Additional Information

Taxes
$1,347
Stories
1
Living Area
1,000
Laundry
Washer Hookup
Other Rooms
Family Room
Flooring
Tile
Spa
None
Construction
Block, Painted
Roofing
Composition
Cooling
Ceiling Fan(s), Central Air
Heating
Natural Gas
Builder Name
Unknown
Fencing
Block, Chain Link
Subdivision
Orth Subdivision
Assoc Fee Includes
No Fees
Community Features
Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Playground, Biking/Walking Path
Water
Public
New Financing
Cash, VA Loan, FHA, Conventional, 1031 Exchange
Elementary School
Scales Technology Academy
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School

Courtesy of Windermere Real Estate & Property Management. 602-319-5363

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