2804 E Broadway Road Unit #24, Phoenix, AZ 85040

$494,000
List Price
$494,000
Days on Market
6
Status
ACTIVE
MLS#
6511603
City
Phoenix
Lot Size
38,534
Subdivision
Carefree Homes Blk 2, 3

Property Description

This vacant land is located in an Opportunity Zone, Zoned R-5, and is .88 Acres. You can build up to 38 units on these four lots. Land has 275 feet of frontage on Broadway Road as well as 145.2 feet of frontage on 28th Street. This is a great opportunity for a multifamily home developer or tax credit developer. Listing includes parcel numbers #122-17-038,#122-17-040A, #122-17-046, and #122-17-047.

Additional Information

School District
Phoenix Union High School District
Acres
0.88
Electric
SRP
Elevation
1, 001 - 2, 000 Ft
Elevation Source
USGS
Existing Land Use
Residential Acreage, Residential Lot
Fencing
None
Gas
SW Gas
Land Configuration
Square Rectangular
Land Features
City Light View(s), Historic District, Mountain View(s), North/South Exp
Lot Size
38,534
New Financing
Bond/IDA, Cash, Conventional
Parcel Size
.50 - .99 Acres
Potential Use
Commercial, Multi-Family, Retail, Single Family
Road Streets
Asphalt
Sewer
Sewer - Public
Subdivision
Carefree Homes Blk 2, 3
Taxes
$624
Tax Year
2022
Unit Number
24
Vegetation
Natural Vegetation
Water
City Franchise
Zoned Presently
Multi-Family, Single Family
Zoning
R-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Desert Showcase.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.