$307,500
$325,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
1117 W roosevelt Street #- Phoenix, AZ 85007
8,188 Sqft Lot
Key Details
Sold Price $307,500
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision University Addition
MLS Listing ID 6023773
Sold Date 10/15/20
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $643
Tax Year 2019
Lot Size 8,188 Sqft
Acres 0.18
Lot Dimensions 96x92
Property Description
This beautiful 8,188sq' corner lot located in Downtown Phoenix on Roosevelt St. is ready for action! This property is zoned R-5 RI multifamily with the option of building up to 28 units over a total of 4 levels, and 48' tall, as well as light office space! As you'll see from the photos, this lot has a massive exposure to the North, and West as it fills up the entire South-East corner of Roosevelt and 12th Ave. The potential for this space is massive, and conveniently located close to dozens of restaurants, bars, music venues, first Friday art festival, community events, sporting events etc... the list goes on and on. Please feel free to drive by and get a personal feel for the place, thanks for viewing!
Location
State AZ
County Maricopa
Community University Addition
Zoning R-5 RI
Direction Head west on Roosevelt from 7th ave. Lot is located on the S/E corner of Roosevelt and 12th ave.
Exterior
Fence None
Building
Lot Description Corner Lot, City Light View(s), North/South Exp
Sewer On Property, Septic Tank
New Construction No
Schools
Elementary Schools Kenilworth Elementary School
Middle Schools Augustus H Shaw Jr Montessori School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-27-069
Acceptable Financing CTL
Listing Terms CTL
Financing Cash
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Bought with ABI Multifamily