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$ 725,000
Est. payment | /mo
9,713 Sqft Lot
$ 725,000
Est. payment | /mo
9,713 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Nile Tract Block 1
MLS Listing ID 6822310
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $164
Tax Year 2024
Lot Size 9,713 Sqft
Acres 0.21
Lot Dimensions 73 x 126
Property Description
Prime Redevelopment Opportunity - Two-Parcel for the price of one in a High-Growth Area for Developers and investors, take note! This rare two-parcel lot presents an exceptional opportunity for redevelopment in a thriving neighborhood. Currently featuring an existing home with Garage, the property is ideally suited for a multi-family development, maximizing its full potential in an area experiencing strong demand for affordable housing. With the ever-increasing demand for housing and the flexibility of a two-parcel configuration, this property offers a fantastic opportunity for redevelopment. Whether you're looking to build a townhome, duplexes, or a small-size apartment complex, the possibilities are obtainable. Don't miss out on this prime investment opportunity—site visit today.
Location
State AZ
County Maricopa
Community Nile Tract Block 1
Zoning R-3
Building
Lot Description Corner Lot, Dual Street Ftg, North/South Exp
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 156-36-031
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by N.B. Andrews and Associates