Description for
2045 E Michigan AvenuePhoenix, AZ 85022
NO HOA - READY FOR MULTIFAMILY - ALL UTILITIES ON PROPERTY - Welcome to an exceptional real estate opportunity in a thriving community! These two contiguous parcels, zoned for high-density multifamily development, come with a valuable bonus - a manufactured home on each property that can generate income as you plan your development. This unique feature ensures immediate revenue, making this investment practical and promising. Strategically located near major freeways, schools, and a variety of dining and shopping options, these parcels are perfectly positioned for a multifamily development. Notably, a large parcel across the street is already capitalizing on the same development opportunity, highlighting the strong demand for multifamily housing in the area.
Price
$376,000
NEW BELL PARK
Maricopa
1
1
673 (approx)
6618441
Active
Description
NO HOA - READY FOR MULTIFAMILY - ALL UTILITIES ON PROPERTY - Welcome to an exceptional real estate opportunity in a thriving community! These two contiguous parcels, zoned for high-density multifamily development, come with a valuable bonus - a manufactured home on each property that can generate income as you plan your development. This unique feature ensures immediate revenue, making this investment practical and promising. Strategically located near major freeways, schools, and a variety of dining and shopping options, these parcels are perfectly positioned for a multifamily development. Notably, a large parcel across the street is already capitalizing on the same development opportunity, highlighting the strong demand for multifamily housing in the area.
Listing Information
Property Type: Single Family, Manufactured Home, 1 Story
1
1
0.15 Acres
673 (approx)
1982
Yes-2 spaces
1
4N//
NEW BELL PARK
Public
Public Sewer
Neighborhood
School Information
Echo Mountain Intermediate School
Mountain Sky Middle School
North Canyon High School
Room Information
Eat-in Kitchen
Interior Features
Electric Heating
None
Eat-in Kitchen
Exterior / Lot Features
2 Carport Spaces,
None
None
Driving Directions
Located between Cave Creek Rd & 20th St and Union Hills & Bell Rd.
Financial Considerations
214-71-153
$481
1031 Exchange
Listing Price History
Phoenix Real Estate
Phoenix is located in Arizona.
Phoenix, Arizona 85022 has a population of 1,629,970.
The median household income in Phoenix, Arizona 85022 is
$61,906.
The median household income for the surrounding county is $68,280
compared to the national median of $66,222.
The median age of people living in Phoenix 85022 is 37 years.
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Courtesy: HomeSmart
Information deemed reliable but not guaranteed. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
This content last refreshed on 5/17/2024 10:52 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
