Fourplex in Tempe

Highlights:

• - 2,760 SF building with 4 units
• - Built in 1970, renovated in 2023
• - R-3R zoning for versatile use
• - Prime location in Tempe, AZ
• - Fully occupied, ensuring immediate returns
• - Modern amenities in a classic structure
• - Attractive to potential multifamily tenants
• - Turnkey investment opportunity with 100% occupancy

Description:

https://www.flexmls.com/share/AZfxm/1321-W-5TH-ST,-Tempe,-AZ-85281
Presenting an exceptional multifamily investment opportunity in Tempe, AZ. This immaculately-maintained property comprises a 2,760 SF building with 4 units, offering the perfect blend of classic charm and modern convenience. Built in 1970 and thoughtfully renovated in 2023, it aligns with the highest standards of comfort and livability. Zoned R-3R, the property provides flexibility for a variety of uses, maximizing its investment potential. Boasting full occupancy, this turnkey asset ensures immediate, steady returns. Its prime location within the vibrant Tempe area, combined with a host of modern amenities, positions it as an attractive choice for discerning multifamily investors seeking a hassle-free, high-yield acquisition.

Perfectly situated in the heart of Tempe, this prime location offers a thriving urban environment with an array of nearby attractions. Residents of the area enjoy close proximity to the vibrant Mill Avenue District, Tempe Town Lake, and the lively social scene of Downtown Tempe. The property is conveniently located near Arizona State University, providing an excellent opportunity to appeal to students and faculty seeking comfortable, convenient living arrangements. With a wide range of shopping, dining, and recreational options nearby, the area presents an attractive lifestyle proposition for potential tenants, making it an ideal choice for multifamily investment.