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$2,200,000
508 S Farmer Ave, Tempe, AZ 85281
0 Beds
0 Baths
n/a SqFt

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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.
  • Price:
  • $2,200,000
  • Acreage:
  • 0.19
  • Listing ID #:
  • 6408423
  • Street Address:
  • 508 S Farmer Ave
  • City:
  • Tempe
  • State:
  • Arizona
  • Postal Code:
  • 85281
  • County:
  • Maricopa
  • Listing Status:
  • Active
  • Listing Type:
  • LandDevelopedVacant
  • Approximate Lot Size Range:
  • .25 - .49 Acres
  • Conforms To Zoning:
  • R3
  • Existing Land Use:
  • Residential Lot
  • Lot Number:
  • 1
  • Lot Square Footage:
  • 8375.00
  • Suitable Use:
  • Commercial, Multi-Family, Office, Retail
  • For Sale Or Lease?:
  • Sale
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $3,493
  • Tax Year:
  • 2021
  • Electricity:
  • Aps
  • Existing Water:
  • City Franchise
  • Gas:
  • None, Sw Gas
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Ron Fedri with HomeSmart
  • ARMLS

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