316 E Broadway Lane, Tempe, AZ 85282

$565,000
3
BD
2
BA
1,947
SqFt

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Sold Price
$565,000
List Price
$575,000
Closing Date
Jul 25, 2024
Days on Market
10
Status
CLOSED
MLS#
6721817
City
Tempe
Bedrooms
3
Bathrooms
2
Living SQFT
1,947
Lot Size
8,607
Subdivision
University Terrace
Year Built
1954
Type
Single Family Residence

Property Description

THIS ONE WILL NOT LAST LONG - RUN DON'T WALK! Calling all investors and flippers, this property is located within walking distance to ASU, and offers endless opportunities. It is perfect for a spec builder that wants an exceptional flip opportunity, an investor that is looking to add to their rental portfolio or it can be converted into a mid-century modern masterpiece for an end user that intends to create their custom, dream home. This charming, single-story home boasts a flexible floor plan and a lot of updating options. The vaulted redwood tongue and groove ceilings along with an abundance of natural light are the perfect combination for updated inspiration. This house has 3 bedrooms (it can easily be converted to a 4 bedroom for a rental property) and 2 full baths with ample closet space. There is even a wood burning fireplace. Perched upon a generous shaded lot, with mature trees and plenty of space to expand, this home has a lot of character and curb appeal. It has various patio spaces, a two-car garage and enjoys easy access to ASU, shopping, dining and the major highways.

Additional Information

Elementary School
Broadmor Elementary School
High School
Tempe High School
Middle School
Connolly Middle School
Acres
0.20
Architecture
Ranch
Assoc Fee Includes
No Fees
Builder Name
Unknown
Community Features
Historic District
Construction
Block, Painted
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Storage
Fencing
Block, Other
Flooring
Concrete
Garage Spaces
2
Heating
Electric
Laundry
In Garage
Living Area
1,947
Lot Size
8,607
New Financing
Cash, Conventional
Parking Features
Garage Door Opener, Direct Access
Lot Features
North/South Exposure, Alley, Desert Front, Desert Back, Sprinklers In Front, Grass Back, Auto Timer H2O Front, Irrigation Back
Roofing
Foam
Spa
None
Stories
1
Style
Ranch
Subdivision
University Terrace
Taxes
$1,927
Tax Year
2023
Water
Public

Courtesy of Russ Lyon Sotheby's International Realty. 480-585-7070 Selling Office: AZArchitecture/Jarson & Jarson.

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