421 W 5th Street, Tempe, AZ 85281

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

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List Price
$795,000
Days on Market
70
Status
ACTIVE
MLS#
7029919
City
Tempe
Bedrooms
3
Bathrooms
1
Living SQFT
1,000
Lot Size
8,375
Subdivision
Orth Subdivision
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

Elementary School
Scales Technology Academy
High School
Tempe High School
Middle School
Geneva Epps Mosley Middle School
Acres
0.19
Assoc Fee Includes
No Fees
Builder Name
Unknown
Community Features
Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Playground, Biking/Walking Path
Construction
Block, Painted
Cooling
Ceiling Fan(s), Central Air
Fencing
Block, Chain Link
Flooring
Tile
Heating
Natural Gas
Laundry
Washer Hookup
Living Area
1,000
Lot Size
8,375
New Financing
Cash, VA Loan, FHA, Conventional, 1031 Exchange
Other Rooms
Family Room
Lot Features
North/South Exposure, Alley, Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
Roofing
Composition
Spa
None
Stories
1
Subdivision
Orth Subdivision
Taxes
$1,347
Tax Year
2024
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Windermere Real Estate & Property Management.

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