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Active

$525,000

5016 N 21ST Avenue, Phoenix, AZ 85015

3

Beds

2

Baths

1,304

Sq Ft

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About This Home

This redevelopment opportunity is ideally located in a prime Central Phoenix location near Grand Canyon University. Highest and best value is in the land and multifamily zoning. Zoned R-3, the property offers rare density potential for an infill townhome, duplex, or 8-10+ unit residential project (buyer to verify unit count/site plan with the City of Phoenix), complete with rear alley access. Located in a qualified opportunity zone. Large 1/2 acre plus lot. Commuting is made easy with close proximity to three major highways (I-17, I-10, AZ-51) and the Phoenix Light Rail. Tenant occupied 3 bedroom/2 bathroom and detached casita. Immediate cash flow for an infill development to cover costs while plans are approved. Please do not disturb tenants.

Property Details

TypeSingle Family
StoriesNaN
GarageNone
PoolNo
Year Built1936
Price/Sq Ft$403
Lot Size24,430 sqft
MLS#7074771

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Listed by APB Valley Spaces

Augustine Bartning

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5016 N 21ST Avenue, Phoenix AZ 85015 — $525,000 | Chat.RealEstate