606 S ROOSEVELT Street 23, Tempe, AZ 85281

$1,025,000

Property Type: Land Lot Size (sq. ft.): 24,394 Status: Closed

Current Price: $1,025,000 List Date: 8/24/2021 Last Modified: 11/30/2021

Overview

Description

Multi family zoned land close to downtown Tempe, Rio Salado park and ASU ready for development. This parcel includes a house that could be preserved and potentially exchanged for a higher density allowance from the city. Property owner has obtained demolition permit if developer wishes to pursue potential development without existing building in place.

Listing Details MLS# 6283729

Location, Tax & Legal

Map Code/Grid: R36
House Number: 606
Compass: S
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 3567
Country: US
County Code: Maricopa
Assessor Number: 124-34-009-K
Tax Year: 2020

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 0.56
Apx Total Acres G/N: G
Price Per Acre: 1875000
Apx SqFt: 24394
Price Per SqFt: 43.04
Apx SqFt G/N: G
Lot Size Dimensions: Irr x Irr
Zoning: MF

Remarks Misc

Cross Street: University/Roosevelt
Directions: East on University Past Mill Ave to Roosevelt. Turn Right (North) on Roosevelt to 606

Status Change Info

Off Market Date: 2021-11-30
Under Contract Date: 2021-11-30
Close of Escrow Date: 2021-11-30

Legal Info

Township: 1N
Range: 4E
Section: 16
Lot Number: 23

More Information

Sold Info

Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Multi-Family Parcel Size: .50 - .99 Acres Proposed Density: 16 - 20 Units P/Acre Land Features: Corner Lot Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: Residence Water Source: City Franchise Sewer: Sewer - Public Electric: APS; City Electric Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable New Financing: Cash; Conventional Environmental: None Showing Notification Methods: Phone Call Lockbox Type: None

Listing Office: Congress Realty, Inc.

Office Phone: 888-881-4118

Office Email: info@congressrealty.com

Last Updated: November - 30 - 2021

Broker Attribution: 888-881-4118