Unique development opportunity to build on 24,465 SF of M-M medium density land. The lot is irrigated with an existing 1,050 SF single family home. This 2 bedroom/2 bathroom home is currently tenant occupied. The neighboring lot (MLS#6275015) is also for sale & both lots can be purchased together or separately. Included in the sale are three site plans that includes both lots. Plan 1 - leave the existing house and build a fourplex in the back. Plan 2 - combine the two lots, demo the two existing houses & build 18 apartments in four buildings. Plan 3 - demo the two houses and build 17 townhomes. In the event of the sale of one lot, a cross access easement must be created. Located within an opportunity zone & close to the light rail. Listing agent has an ownership interest in this property.
Listed by:
Keller Williams Realty Phoenix
Date | Days Ago | Event | New Price |
---|---|---|---|
Oct 21, 2021 | 3 yrs ago | Price decreased30,000 (7%) | $399,000 |
Oct 4, 2021 | 3 yrs ago | Price decreased11,000 (3%) | $429,000 |
Sep 21, 2021 | 3 yrs ago | Price decreased10,000 (2%) | $440,000 |
Aug 5, 2021 | 3 yrs ago | New on market | $450,000 |