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1224 E Spence Avenue Tempe, AZ 85281
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
INVESTORS DEVELOPERS PRIME LOCATION in Tempe, R4 MULTI FAMILY ZONING. Qualified Opportunity Zone, Transit oriented development corridor, 5 unit density; Excellent opportunity for rental property in Tempe.This is a highly valuable ASSET in any portfolio with a rentable single-family home and endless possibilities for DEVELOPMENT. The existing block house is a WW2 era gem that has been a MONEY-MAKER for the current owner for 30 years. The zoning is already R-4, with the city in support of higher density housing possibilities for HIGHEST AND BEST USE. Rent the house easily while you build!
|yesterday||Listing updated with changes from the MLS|
|5 days ago||Price changed to $640,000|
|2 weeks ago||Price changed to $650,000|
|2 months ago||Price changed to $675,000|
|3 months ago||Price changed to $685,000|