$197,500 2005 W Adams Street Phoenix, AZ

MLS: 6317540   Type: Land   County: Maricopa   City: Phoenix   Neighborhood: Capitol Addition Blocks 43 & 44 35-38 29 & 30   Zip: 85009   Style: Commercial Lot     Taxes: $387

Mortgage $927 /mo

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Lot Size

Built

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6,970

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**MUST BUY BOTH 2001 & 2005 TOGETHER AT $197,500 PER LOT - TOTAL PURCHASE PRICE TO BE $395,000 FOR BOTH PROPERTIES** Fantastic opportunity for Investor to Build your own multi-Family units on this property. Great opportunity to build 8 or more units and maximize your investment. 2 adjacent vacant and fenced lots for sale. Corner lot in west of down town Phoenix (2 miles - 5 minutes)Easy access to I-17 and I-10 Lot sizes are 7000 sf each. 390K as it worth much more. No liens, No loans against, Not in flood zone, Clean land.Great and lucrative project for an investor OR a General Contractor to keep or resale the rentals units. Zoned R3 (possibly allowing 8 units) and potential R4 - Could be rezoned for a larger project.

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Price History

11/5/2021 Listed $197,500

Electric APS, SRP
Gas Y/N SW Gas
HOA Y/N N
Map Code/Grid Q33
New Financing Cash, Seller May Carry
Present Use Commercial Lot
Property Type C
Public Remarks **MUST BUY BOTH 2001 & 2005 TOGETHER AT $197, 500 PER LOT - TOTAL PURCHASE PRICE TO BE $395
Sewer Sewer - Public
Special Condition N/A
Status Active
Subdivision CAPITOL ADDITION BLOCKS 43 & 44 35-38 29 & 30
Tax Year 2021
Water City Franchise
Zoning MULTI-FAMILY, M

Exterior Features

Apx Total Acres 0.16
Apx Total Acres G/N G
Distance to Electric On Property
Distance to Water On Property
Lot Size unknown
Parcel Size .0 - .24 Acres

Property Schools



Direct Link:

https://www.arizonaspro.com/property/22-6317540-2005-W-Adams-Street-Phoenix-AZ-85009

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Property vs Zip Code Avg (85009)

Price 197K Avg 497K

Taxes $387 Avg $2,365

Acres 0.16 Avg 0.67

Visits 34 Avg 10

Days on Site 31 Avg 50

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Listing Provided Courtesy Of: Tradelands Realty




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Location & Address

Quantum of Arizonas, REALTORS
34406 N 27th Drive #140
Phoenix, AZ
623-745-2014
623-587-9972