Viewing Listing MLS# 7030970
$274,900 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85007
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- N/AYear Built
- 0.08Acres
- N/AEst Age
- MLS# 7030970
- Land
- Land
- Active
- Approx Time on Market30 days
- AreaN/A
- CountyMaricopa
- Subdivision University Addition
Overview
This vacant 6715+/- square foot residential infill lot presents an outstanding opportunity for developers and investors seeking a well-located site in the heart of Phoenix. Zoned R5/R1. The site supports a range of residential development options, including multi-family configurations, making it an attractive choice for urban housing projects. The property consists of 2 parcels(APN 111-30-031 & 111-30-033), delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility & visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization & investment activityAt the intersection of Grand Ave and Polk Street, the property offers excellent connectivity to major thoroughfares and is less than a mile from downtown With its central location along Grand Ave in the Entertainment Arts District, flexible zoning, and development potential, this site is well-suited for builders and investors looking to capitalize on Phoenix's expanding residential demand.Seller financing is available: 25% down, 7% over 30 years with a 5-year balloon. 4% prepayment penalty for the first 3 years, no prepayment penalty after 3 years.
Agriculture / Farm
Association Fees / Info
Hoa: No
Bathroom Info
Exterior Features
Fencing: None
Garage / Parking
Interior Features
Lot Info
Lot Size Units: Acres
Lot Features: North/South Exp
Lot Size: 6715
Topography: Level
Lot Sqft: 6715
Other
Special Listing Conditions: N/A
Other Structures: None
Other School Info
Property Info
Zoning: R-5
Possible Use: Single Family,Multi-Family
Tax Info
Tax Legal Description: UNIVERSITY
Tax Amount Annual: 266
Unit Info
Unit: 5
Utilities / Hvac
Water Source: Other
Electric: None
Sewer: None
Waterfront / Water
Schools
Elem: Kenilworth Elementary School
Middle: Kenilworth Elementary School
High: Central High School
Directions
West on Roosevelt, South on 10th Ave to the Property is just South of Fillmore and the East side of 10th Ave
Listings courtesy of Real Broker
MLS# 7043642 
