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554 W Rio Salado Parkway, Mesa, AZ 85201

$395,000
  • 554 W Rio Salado Parkway, Mesa, AZ 85201 Main Photo

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Active
BEDS2 BATHS SQUARE FEET1,342 MLS#6973576
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONunknown SCHOOLMesa Unified District

Property Description

This expansive lot is zoned Multi-Family (MF), currently, offering incredible flexibility for your future. The existing home needs a full renovation with the potential, to add additional units in the back in the future redevelop. Located in a close knit family oriented community, the property is within walking distance to Elementary, Junior High and High Schools. Listing agent can provide general contractor information to assist with remodel completion. A renewed permit is necessary as owner has demolition permit in process, that would need revoked, if Buyer wants to remodel and live in the home. SEE MORE.. The current structure is being sold as-is, with the value primarily in the land and the current condition of the home needs a full remodel!! Ideal for builders, investors, or buyers looking to renovate or redevelop. Buyer to perform all due diligence regarding zoning, permits, and future use. Please reach out to discuss. A rare chance to restore or reimagine this home on this desirable lot. This project is offering a blank canvas for customization, expansion, or redevelopment. Perfect for buyers seeking a project in a sought-after location. Seller makes no representations regarding condition of the structure. Utilities, systems, and appliances have not been tested. Buyer responsible for verifying all development possibilities.Location Highlights:Centrally situated near Mesa Riverview and Tempe MarketplaceOnly 5 miles to ASU campus.Easy access to Loop 101 and Loop 202 freewaysJust down the street from the Chicago Cubs Spring Training StadiumSurrounded by shopping, dining, and entertainment optionsWhether you choose to renovate, redevelop, or pursue the four plex plans, townhome lots, this property offers exceptional potential in a thriving area. A rare opportunity to capitalize on Mesas growth with multiple exit strategies available!

554 W Rio Salado Parkway | MLS# 6973576

This single family home located at 554 W Rio Salado Parkway, Mesa, AZ 85201 is currently listed for sale with an asking price of $395,000. This property was built in 1947 and has 2 bedrooms with 1342 sq. ft. W Rio Salado Parkway is located in the unknown subdivision within the Mesa Unified District school district. Search Unknown real estate on www.arizonabest.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Electric
Lot Size: 0.46 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,066
Year Built: 1947

Feature Descriptions

Assoc. Fee Includes: No Fees
Days on Site: 115
Exterior: Wood Frame, Painted
Interior: 3/4 Bath Master Bdrm
Laundry: Other
Property Sub Type: Single Family Residence
Water: Public

Local Schools

High School: Westwood High School
Middle School: Carson Junior High School
Elementary School: Emerson Elementary School
School District: Mesa Unified District

Listed By / Shown By

Listed By

Agency Name: West USA Realty
Agency Phone: 480-820-3333

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 1,083.14 per month $879.10 Principal & Interest $88.83 Property Tax $115.21 Homeowner's Insurance

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