Welcome to Six on 5th! Prime Investment Opportunity Near ASU and Tempe Town Lake.
Discover an unparalleled investment opportunity with Six on 5th, an ideally located property near Arizona State University and Tempe Town Lake. This unique offering includes two triplexes $675,000 per building .Which must be purchased together for a total sales price of $1,350,000. The properties are located at 515 W 2nd Parcel E and 515 W 2nd Parcel D. All six units are one-bedroom, one-bathroom, and most have been recently updated to enhance tenant comfort. Each unit features central air conditioning, ensuring a comfortable living environment year-round. Each parcel boasts a generous 6,970 square feet, totaling 13,940 square feet across both lots, providing ample space for potential expansion or redevelopment. Rents are 1,000 to 1,150 for room to raise rents. Some on yearly and month to month leases. Self managed.
Drive by only tenants drive by only. Tenants are unaware of sale. All facts and figures are approximate buyer verify MLS information.