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.
Listed by:
RE/MAX Excalibur
Date | Days Ago | Event | New Price |
---|---|---|---|
Sep 3, 2024 | 15 days ago | Price decreased24,000 (6%) | $375,000 |
Jul 23, 2024 | 2 mos ago | Price decreased26,000 (6%) | $399,000 |
Jul 1, 2024 | 3 mos ago | New on market | $425,000 |