Pending

1401 E WOOD Street # 24

Phoenix AZ, 85040

$350,000


$11.16 per sqft

Pending

0.72 Acres

Land

Multifamily Development Opportunity at 1401 E Wood St, Phoenix, AZ 85040. Seize this rare chance to own a 0.72-acre parcel zoned R-4, allowing for the development of up to 20 units in a thriving location. Situated in both an opportunity zone and a QCT-qualified census tract, it presents substantial tax incentives for investors. The lot offers easy access to the I-10 freeway, setting the stage for effortless commuting to Downtown Phoenix, and the Sky Harbor Airport. The scenic South Mountain Park and Preserve is in proximity. Build a prosperous future in a booming locale, and watch your vision come to life at 1401 E Wood Street.

6603786

MLS ID

September 8, 2023

Listed

March 20, 2024

Updated

Map

1401 E WOOD Street # 24
Phoenix AZ, 85040

Exterior/Building Features

Lot Size

0.72 Acres


Sewer

Sewer - Available

School Information

School District

Roosevelt Elementary District

Other Property Details

Taxes

$521


Tax Frequency

Annually


Days on Market

136


Garage

No


View

No


County

Maricopa


Water Source

City Franchise


Pool

No


Zoning

R-4


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

1/25/2024

Pending

Courtesy of Get Multifamily, Reggie Joyner

Listing Contact: 480-247-1437 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Johnathon De Young shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 9:15 PM UTC, 3/20/2024.

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