Tempe, AZ 85281,515 W 2ND Street
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Tempe, AZ 85281,515 W 2ND Street
Tempe, AZ 85281,515 W 2ND Street
Tempe, AZ 85281,515 W 2ND Street
Tempe, AZ 85281,515 W 2ND Street

$675,000

Est. payment /mo

$675,000

Est.Price: ?

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515 W 2ND Street Tempe, AZ 85281

SOLD DATE : 10/11/2024

Key Details

Sold Price $675,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision State Plat No 12 Amd

MLS Listing ID 6748206

Sold Date 10/11/24

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1955

Annual Tax Amount $1,353

Tax Year 2023

Lot Dimensions 74x96

Property Description

Charming 3-Unit Property in Downtown Tempe Prime Location: Nestled on a secluded street near Mill Avenue, this property offers the perfect blend of tranquility and urban convenience. Investment Opportunity: Situated in the heart of Downtown Tempe, this 3-unit property is a stone's throw away from Tempe Town Lake, the Light Rail Station, and the Trolley Car. Enjoy the vibrant activities of Downtown Tempe and the bustling Arizona State University campus. Property Features: Three One-Bedroom Units: Each unit boasts a ranch-style layout with upgraded kitchens, two skylights, and individual washers and dryers. Modern Amenities: Equipped with tankless water heaters, a new roof 8/24, and new air conditioning units 8/24. Long-Term Tenants: Residents typically stay for over five years, but the current one-year leases allow for a month-to-month option, making it ideal for an owner-occupant. Additional Opportunity: This property can be purchased together with the identical triplex next door at 509 West 2nd Street, creating a 6-unit package. Don't miss out on this unique investment opportunity in one of Tempe's most sought-after locations! Ready for FHA owner occupant, Seller willing to assist/negotiate with buyer closing cost.

Location

State AZ

County Maricopa

Community State Plat No 12 Amd

Zoning Industrial

Direction Wilson to 2nd Street in Tempe

Interior

Heating Heat Pump

Cooling Central A/C

Flooring Ceramic Tile, Concrete

Appliance Microwave, Washer/Dryer

Exterior

Garage >1 Space Per Unit

Community Features No Pool

Waterfront No

Roof Type Composition,Foam

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

Schools

Elementary Schools Scales Technology Academy

Middle Schools Connolly Middle School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-32-044-E

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by Congress Realty, Inc.
Bought with AZ Real Estate Options, LLC

Erin Maiorano

Agent | BRSA6492007000

+1(602) 920-7841

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