Description
Here's an exceptional investment opportunity in the Oakland Historic District of downtown Phoenix: 2 residential lots for the price of one! This listing includes 2 adjacent lots (APNs: 111-25-147 and 111-25-148), each approx. 6,000 SF, for a total of about 12,000 SF. Zoned R-5, these lots are perfect for multi-family development. The property features a 1931 house & other structures that hold no value & are being sold for land value ''As Is.'' Located just 1 to 1.5 miles from Encanto Park, ASU Downtown, Chase Field, & Phoenix City Hall, this prime location offers endless possibilities. An ideal buyer could choose to remodel the existing old house, build a new one, or embark on a lucrative multi-family development. Don't miss this chance to invest in a well-established neighborhood.
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2BEDS
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0.29ACRES
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2BATHS
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01/2 BATHS
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1,285SQFT
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$292$/SQFT
School Information
Description
Here's an exceptional investment opportunity in the Oakland Historic District of downtown Phoenix: 2 residential lots for the price of one! This listing includes 2 adjacent lots (APNs: 111-25-147 and 111-25-148), each approx. 6,000 SF, for a total of about 12,000 SF. Zoned R-5, these lots are perfect for multi-family development. The property features a 1931 house & other structures that hold no value & are being sold for land value ''As Is.'' Located just 1 to 1.5 miles from Encanto Park, ASU Downtown, Chase Field, & Phoenix City Hall, this prime location offers endless possibilities. An ideal buyer could choose to remodel the existing old house, build a new one, or embark on a lucrative multi-family development. Don't miss this chance to invest in a well-established neighborhood.
© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2024-10-06T18:12:52.