21 W 9th Street 1, Tempe, AZ 85281

$515,000
Property Type: Land Lot Size (sq. ft.): 5,054 Status: Closed
Current Price: $515,000 List Date: 2/17/2022 Last Modified: 3/29/2022

Overview

Description

Custom home builders and developers LOOKING TO FOR BIG PROFITS - shovel ready project. Multi-family zoned lot downtown Tempe across from ASU, 75 feet from Mill Avenue, the new trolley line & Whole Foods. Architecturally designed 3k sq. ft, two story 2,200 sf main house w/800 sf rental apt above garage with separate outside stairway entrance. Lot is located in Tempe's most desirable downtown neighborhood and one block from the new Omni Hotel/ Convention center. Rental unit will bring in at least $2k a month or live in APT and get $4,500 a month for main house. Comps in the area value new construction at more than $425 per foot so good margin for custom home builders. Lot owner secured full city approval - pull building p

Listing Details MLS# 6357133

Location, Tax & Legal

Map Code/Grid
R36
House Number
21
Compass
W
Street Name
9th
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Country
US
County Code
Maricopa
Assessor Number
132-42-035
Subdivision
GAGE ADD 23-26
Tax Year
2020

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres G/N
G
Apx SqFt
5054
Price Per SqFt
101.9
Apx SqFt G/N
G
Lot Size Dimensions
50x100
Zoning
R-3
Elementary School
Broadmor Elementary School
Jr. High School
McKemy Middle School
High School
Tempe High School

Remarks Misc

Cross Street
Mill & University

Status Change Info

Off Market Date
2022-03-16
Under Contract Date
2022-03-14
Close of Escrow Date
2022-03-28

Legal Info

Lot Number
Yes

More Information

Contact Info

List Agent Home Phn
480-203-6699

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Fixed
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: .0 - .24 Acres Current Density: 02 - 05 Units P/Acre Development Status: Plans Available; Plans Included Land Features: North/South Exp Road Access Type: Alley Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: Up to 5,000 Topography: Level Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Environmental: None Showing Notification Methods: Phone Call Lockbox Type: None Fencing: Block
IDX
Listing Office: HomeSmart
Office Phone: 480-443-7400
Office Email: rlarue@hsmove.com
Last Updated: March - 29 - 2022
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