This fully remodeled, 9-unit multi-family property is situated in the heart of the Roosevelt Arts District, offering immediate rental income while you plan a redevelopment project with high ROI potential. Zoned DTC-E-EV, this prime lot allows for up to 98 residential units or a mix of retail and boutique hotel space, with building heights up to 250 feet. Located in one of Phoenix's fastest-growing areas, close to public transit, dining, and entertainment, this property is perfect for investors looking to capitalize on the city's rapid development. Don't miss out on this rare opportunity to maximize your returns!
MLS# | 6754543 |
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Listing Type | For Sale |
Sub-Type | For-sale |
Status | Active |
Year | 1948 |
Days On Site | 30 |
Listing Provided By | HomeSmart | Thomas Chung |
Pool | Yes |
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Units | 9 |
Building(s) | 2 |
Zoning | DTC-E-EV |
State | AZ |
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County | Maricopa |
City | Phoenix |
Zip Code | 85004 |
Area | Maricopa |
Community Name | EAST EVERGREEN ADDN BLKS 13, 14, 19, 20 |
School District | Phoenix Union High School Distri |
Elementary School | Phoenix Elementary District |
Listing VS Median (in EAST EVERGREEN ADDN BLKS 13, 14, 19, 20) | |
Price: $3,380,000 low | high Med: $0 On Site: 30 low | high Med: |