$1,075,000
$1,200,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
0.48 Acres Lot
SOLD DATE : 09/12/2022
Key Details
Sold Price $1,075,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Montgomery Add Amd Blks 75, 83, 84, 91, 99-102
MLS Listing ID 6417100
Sold Date 09/12/22
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $771
Tax Year 2021
Lot Size 0.476 Acres
Acres 0.48
Lot Dimensions 200 x 100
Property Description
Vacant multi-family land in an opportunity zone located in an up-and-coming neighborhood just one block from future light rail extension!! Site is located in close proximity to downtown restaurants, nightlife, stadiums and all downtown has to offer. Permits are ready to be pulled and current plans call for 5 stories, 26 units with 1 retail space, 39k total rentable square feet. Property is zoned R-5 PUD so buyer could design own units if desired. Plans are fully permitted and ready to begin today, get your next project up and running right away!!
Location
State AZ
County Maricopa
Community Montgomery Add Amd Blks 75, 83, 84, 91, 99-102
Zoning PUD
Building
Lot Description Corner Lot, City Light View(s)
Sewer Septic Tank
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 112-24-038-A
Acceptable Financing Seller May Carry, 1031 Exchange, CTL, Conventional
Listing Terms Seller May Carry, 1031 Exchange, CTL, Conventional
Financing Cash
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