1117 E Spence Avenue Unit -, Tempe, AZ 85281

$855,000
Sold Price
$855,000
List Price
$1,075,000
Closing Date
Sep 12, 2023
Days on Market
204
Status
CLOSED
MLS#
6509255
City
Tempe
Lot Size
13,000
Subdivision
Halsingborg

Property Description

BEST DEAL IN TEMPE. IGNORE DAYS ON THE MARKET. PROJECT GOT FULLY APPROVED FOR CONSTRUCTION FEW MONTHS AGO. LOCATION, LOCATION, LOCATION, plus located in Tempe Opportunity Zone. Entitlements are issued and approved and project is ready to build. This project aims to construct 6 townhomes with an average size of over 2000 square feet. The design will feature modern amenities, efficient features and an attractive aesthetic to appeal to the target market. This parcel is located within walking distance from Arizona State University. The demand for newer and modern townhomes in Tempe is particularly high due to limited inventory in the area. This size new units in Tempe are selling between $700k-$800K. This is an amazing project for someone to build and make huge profit.

Additional Information

Elementary School
Tempe Academy Of International Studies McKemy
High School
Tempe High School
Middle School
Tempe High School
Acres
0.28
Electric
SRP
Lot Size
13,000
New Financing
CTL
Sewer
Public Sewer
Subdivision
Halsingborg
Taxes
$2,100
Tax Year
2022
Water
Irrigation Pipe
Zoning
R-4

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty ONE Group. Selling Office: At Home Real Estate Arizona.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.