Vacant, multi-family (or office), infill parcel perfect for a variety of housing development possibilities. Frontage on McDowell Road next door to Dollar General and a Dental Office. This Large 18,150 sqft, level lot with R-5 High Density Multi-Family zoning is available in an area experiencing a significant housing shortage. Per City of Phoenix, R-5 allows 4 stories or 48 ft height buildings , up to 24 units with 50% lot coverage based on 24,888 sqft lot (measured from middle of McDowell Rd). Build new single family homes, town homes, or apartments with other possibilities to consider. Buyer to verify all facts and figures. Property is close to the I-10 and I-17 with easy access to Downtown Phoenix. 2022 traffic count is 28,179 p/day. See Docs Tab ** Seller Financing Available
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Data last updated 5/23/2022 1:46:22 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Tangible Wealth A Luxury Real Estate Company.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
