$2,500,000
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SOLD DATE : 09/14/2022
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6401984
Sold Date 09/14/22
Maintenance Fees $12,000
Year Built 1941
Annual Tax Amount $705
Tax Year 2021
Lot Dimensions 303.1 x 402.1
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
SELLING FOR LAND VALUE! PRIME REDEVELOPMENT OPPORTUNITY IN SOUTH PHOENIX! This is an exciting venture to design, engineer, and build a 48-unit townhome build-to-rent community on 2.7 AC (net) or 3.18 AC (gross) zoned R-3. 0.1 Miles from the Future Light Rail South Central Extension Stop on Baseline Rd. APNs included in Sale: 300-43-025, 300-43-027, 300-43-026, 300-43-028, 300-43-029.
Location
State AZ
County Maricopa
Zoning R-3 and R1-6
Direction Take 7th Ave Exit on the I-17M, go South on S 7th Ave, Turn Left onto W Baseline Rd, Turn right on S Central Ave, Destination on the Right
Interior
Heating Floor Furnace, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other
Appliance None
Exterior
Community Features No Pool
Amenities Available None
Roof Type Composition, Other, See Remarks
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Valley View Elementary School
Middle Schools C O Greenfield School
High Schools South Mountain High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 300-43-025
Acceptable Financing Conventional
Disclosures Soil Test, Boundary Survey Avlb, Seller Prop Disc Stm, ALTA Survey Availbl, Development Plan Avl, Other (See Remarks)
Listing Terms Conventional
Financing Other
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Bought with Non-MLS Office