$425,000
Phoenix, AZ 85007
MLS# 6725946
1 / 7
Property Description
Discover an exceptional investment opportunity in the heart of downtown Phoenix's Oakland Historic District, set in an established neighborhood! This listing includes two adjacent residential lots (APNs: 111-25-147 and 111-25-148), zoned R-5 for multi-family development. The property features a 1931 house and other structures ready for tear-down, with the land itself as the primary asset. Selling both lots together presents a promising opportunity for development in this well-established area. Don't miss out on the potential for excellent returns on your investment.
Details
Maps
Contract Information
Current Price: $425,000
List Price: $425,000
Status: Active
List Date: 2024-06-30
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
House Number: 1522
Compass: W
Street Name: FILLMORE
St Suffix: Street
Lot #: 6 & 7
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2213
Country: USA
County Code: Maricopa
Assessor's Map #: 25
Assessor's Parcel #: 147
Add'l Parcels: Yes
Assessor Number: 111-25-147
Legal Description (Abbrev): LOT 6 WEST LAWN MCR 000363
Subdivision: WEST LAWN
Census Tract: 112900
Tax Municipality: Phoenix
Taxes: 1580
Tax Year: 2023
General Property Description
Apx Total Acres: 0.29
Apx Total Acres G/N: G
Price Per Acre: 1465517.24
# Lots in Listing: 2
Apx SqFt: 12635
Price Per SqFt: 33.64
Apx SqFt G/N: G
Lot Size Dimensions: 100 X 128
Horses: N
Street Frontage: 100
Zoning: R-5
Elementary School: Capitol Elementary School
Jr. High School: Capitol Elementary School
High School: Metro Tech High School
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: W. Roosevelt St & N. 15th Ave
Directions: South on 15th Ave to W. Fillmore St. West to the property.
Geo Lat: 33.455249
Geo Lon: -112.092292
Status Change Info
Status Change Date: 2024-06-30
Legal Info
Township: 1N
Range: 3E
Section: 6
Lot Number: 6 & 7
Pmt & Rate Info
Equity: 425000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Packaged Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .25 - .49 Acres
Land Features: North/South Exp
Topography: Level
Existing Structures: Shed(s); Residence
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: None
Distance to Phone: None
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; No Carry
Reports/Disclosures: None
Environmental: None
Lockbox Type: Supra (ARMLS)
Fencing: Chain Link
Listing Office: RE/MAX Excalibur
Last Updated: July - 02 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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