1443 S Rita Ln., Tempe, AZ 85281

Walk to ASU. In TEMPE Redevelopment area. Owner has plans and zoning for 12 units on these 2 lots when purchased w/ 1444 Rita 3plex. The rents average 450 and there are 3 vacancies that need full turns. Value could be in just the land. Units are rough inside and out. Being sold as is. 50% vacancy right now. Buyer to verify all info.No reliable expense figures available. Creative buyer could make these work. Fix up, hold or redevelop. Inspections could be challenging.