Clean, ready to go R-3 multifamily lot with plans in the hot Garfield District, walking distance to downtown Phoenix, a few blocks from the Garfield neighborhood commercial hub at 10th St/Pierce with restaurants/bars and other services. Very strong rental area. The owner/architect has plans for a beautiful front duplex with two 2 bed 2 bath units (1450 sf each), four GARAGES (access from alley) with third unit (one bedroom 600+ sf) above garages, for a total of 3500 sf with parking and three rental units.Fantastic projected cash flow.Seller already went through the process of getting all variances approved for these plans, but did not proceed due to other commitments, will repeat process for the right deal.
IDX Information provided courtesy of the Central Arizona MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 5th December, 2023 5:20 PM (UTC)