402 S Beck Avenue, Tempe

$1,750,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

The Beck consists of (10) 1-bedroom units in a mid-century, block-constructed,single-story building. Many upgrades have been done on the property with afull exterior renovation and full interior updating on a number of the units.Washer / dryers have been added to 3 of the units as well. Value-addopportunity exists by continuing to raise rents, as well as through completingthe interior renovations to the remaining units. The Beck is a single-story, 10-unit apartment building in the heart of Tempe andnext to Arizona State University, one of the largest universities in the UnitedStates. The property is located just west of the famed Mill Avenue corridor andjust south of Tempe Town Lake. It is a short bike ride to the ASU campus and the
nearest light rail station (at 3rd and Mill), both located approximately 1 mile
away. The location is as central is it gets and allows residents to enjoy, with ease,
so much of what Tempe has to offer. The Tempe Town Lake and Tempe Beach
Park are minutes away with year-round activities including water sports, multiple
annual music and food festivals, and more. The property is also just minutes to
both the 202 Freeway and the 143, allowing easy access to all parts of the
Valley. Also a short distance away is where the 2 million square foot State Farm
campus sits, as well as where many new projects are underway, making this area
of Tempe not only popular because of the University but also one of the most
desirable areas in all of Arizona to live and work. This is truly the bulls-eye of the
Phoenix metropolitan area.

Essential Information
MLS® #5964560
Price$1,750,000
Year Built1962
TypeMulti-Family
Sub-Type5 - 12 Units
StatusActive
Community Information
Address402 S Beck Avenue
SubdivisionPECAN GROVE ESTATES
CityTempe
CountyMaricopa
StateAZ
Zip Code85281
Amenities
AmenitiesPool(s), Other (See Remarks)
Parking Spaces8
ParkingOther (See Remarks)
Interior
Interior FeaturesOther (See Remarks)
AppliancesOther (See Remarks)
HeatingOther (See Remarks)
CoolingOther (See Remarks)
Exterior
Lot Description165x94
ConstructionBlock, Other (See Remarks)
Exterior Features

Landscape Wtr System, Other (See Remarks)

Roof

Comp Shingle, Other (See Remarks)

District

003 - Tempe Elementary District

Additional Information
ZoningR-3
Listing Details
OfficeABI Multifamily
Property History
Price Reduced from $1,800,000 to $1,750,000
LISTING MAP

Get directions to this property:

Arizona Regional Multiple Listings Service Logo Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Infinity & Associates. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on September 23rd, 2019 at 5:32am MST.

Sign up for email updates