This vacant 6715+/- square foot residential infill lot presents an outstanding opportunity for developers and investors seeking a well-located site in the heart of Phoenix. Zoned R5/R1. The site supports a range of residential development options, including multi-family configurations, making it an attractive choice for urban housing projects. The property consists of 2 parcels(APN 111-30-031 & 111-30-033), delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility & visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization & investment activity
At the intersection of Grand Ave and Polk Street, the property offers excellent connectivity to major thoroughfares and is less than a mile from downtown With its central location along Grand Ave in the Entertainment Arts District, flexible zoning, and development potential, this site is well-suited for builders and investors looking to capitalize on Phoenix's expanding residential demand.
Seller financing is available:
25% down, 7% over 30 years with a 5-year balloon. 4% prepayment penalty for the first 3 years, no prepayment penalty after 3 years.
West on Roosevelt, South on 10th Ave to the Property is just South of Fillmore and the East side of 10th Ave
Dwelling Type: Land
Subdivision: UNIVERSITY ADDITION
Year Built: N/A, County: US
West on Roosevelt, South on 10th Ave to the Property is just South of Fillmore and the East side of 10th Ave
Listing is courtesy of Real Broker
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