Tempe, AZ 85281,1202 S ROOSEVELT Street #50
Tempe, AZ 85281,1202 S ROOSEVELT Street #50
Tempe, AZ 85281,1202 S ROOSEVELT Street #50
6
$700,000
$700,000
Est.Price: ?

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9,872 Sqft Lot

1202 S ROOSEVELT Street #50 Tempe, AZ 85281

Est. payment /mo
SOLD DATE : 06/01/2022

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Key Details

Sold Price $700,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision State College Homes Annex Lots 50-54

MLS Listing ID 6379140

Sold Date 06/01/22

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $1,796

Tax Year 2021

Lot Size 9,872 Sqft

Acres 0.23

Lot Dimensions each lot 63 x 79

Property Description

TWO R-2 multi-family zoned lots corner near DWTWN Tempe/ASU. Recent lot split application allows for TWO homes each w/TWO UNITS per home - 2,200 sq.ft. main home w/800 sq. ft. rental above 2-car garage. (When you build 2 new houses you end up w/ four units total on 2 adjacent lots) 1 of the new homes will face Roosevelt the other 12th Street. Purchase includes shovel ready architectural/engineered building plan approved by the city. You are not required to use our plans but the lot purchase price reflects the cost of the architect, engineer and survey. New homeowner can offset mortgage w/ unit over the garage. Add a basement to these plans and you have three levels. Very desirable ASU neighborhood w/ new homes on each corner of 12th/Roosevelt.

Location

State AZ

County Maricopa

Community State College Homes Annex Lots 50-54

Zoning R2

Direction South to 13th street West on 13th street to Roosevelt. North to property

Exterior

Waterfront No

Building

Lot Description Corner Lot

Sewer On Property, Septic Tank

Water City Franchise

New Construction Yes

Schools

Elementary Schools Broadmor Elementary School

Middle Schools Mckemy Middle School

High Schools Tempe High School

Others

Senior Community No

Tax ID 124-70-140

Acceptable Financing 1031 Exchange, CTL, Conventional

Horse Property N

Listing Terms 1031 Exchange, CTL, Conventional

Financing Conventional

Special Listing Condition Owner/Agent

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Arizona Regional MLS (ARMLS)
Listed by HomeSmart
Bought with LRA Real Estate Group, LLC

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Chase Reynolds

Agent | License ID: SA697484000

+1(480) 694-6619

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