TEMPE FOURPLEX
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.
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
- Property type
- Multifamily
- Building size
- 2,760 SF GBA
- Lot size
- 0.2512 acres
- Year built
- 1970
- Floors
- 1
- Occupancy
- 100%
- Zoning
- R-3R
- Cap rate
- 5.68%