Riverside Homes with FIRPTA may apply Special Listing Cond.

Riverside Homes with FIRPTA may apply Special Listing Cond.

Welcome to Riverside, a vibrant neighborhood nestled in the heart of Tempe, Arizona. Known for its picturesque landscapes and a welcoming community, Riverside is a hidden gem that offers the perfect blend of suburban tranquility and urban convenience. With the Salt River flowing nearby, residents enjoy a plethora of outdoor activities, including hiking, biking, and picnicking along the scenic trails.

Riverside is characterized by its charming homes, many of which feature lush yards and inviting outdoor spaces, perfect for family gatherings or quiet evenings under the stars. The neighborhood boasts a diverse array of architectural styles, catering to a range of preferences and budgets. Whether you're a first-time buyer or looking to upgrade, Riverside has something for everyone.

One unique aspect of purchasing a home in Riverside is the potential applicability of FIRPTA (Foreign Investment in Real Property Tax Act). This means that certain properties may have special listing conditions, making it essential for buyers to stay informed. FIRPTA can impact tax obligations for foreign investors, so working with a knowledgeable real estate agent is crucial to navigate these regulations smoothly.

In Riverside, you’ll find not just a home, but a community that values connection and engagement. With excellent schools, parks, and proximity to Tempe's vibrant downtown, residents enjoy a lifestyle that is both dynamic and fulfilling. Come explore Riverside, where your dream home awaits amidst the beauty and charm of Tempe, Arizona!

Newest Riverside Homes with FIRPTA may apply Special Listing Cond.

$795,000
3 Beds ⋅ 1 Baths ⋅ 7029919 MLS ⋅ 1,000 SqFt.
Do NOT disturb tenants, drive-by Only! RARE opportunity to own a property just a few blocks away from Mill Ave! Located on one of the best streets - 5th St! Great R3 zoning! Large 8,300+ sf lot! New construction abounds! Urban infill at its best! - there is a new 50m+ upscale mid-rise project directly across the street that is just being completed! And less than 100 yards to the east is Farmer Ave, where hundreds of millions have been spent on a variety of commercial, multifamily, and mixed used developments, including the new Westin Vib hotel! Only a block to the Tempe Streetcar, which connects to the Light Rail, which is less than 2 min away! Walk to ASU, Mill Ave, Tempe Town Lake and more! This is a GREAT AREA!! R-3 ZONING, large/deep lot!! Perfect location for new condos/townhomes etc. Zoning should allow for 3 units but check with city as owner/agent makes no guarantees. Imagine the views from the 3rd floor rooftop balconies of the West 5 towers and the Tempe skyline, plus the mountain views!! Drive by only, do not disturb the tenants, Thx

421 W 5th Street, Tempe
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