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Maricela Contreras

contact@maricelacontreras.com +1(951) 438-9954

$649,000

Est. payment - /mo

58 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7103060

Bedrooms 58

Maintenance Fees $7,500

Year Built 2026

Annual Tax Amount $2,498

Tax Year 2025

Lot Dimensions 218 x 175

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

R-5 Zoned for High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. Shovel ready, fully approved project awaiting a developer to pull permits for a 20 unit 2 story development with 10 garages and 21 additional surface parking spaces. However, there is also a previously approved 24 unit 3 story project that has the following floor plans: 14 three bed/two bath, 6 two bed/one bath, and 4 one bed/one bath. The development consists of 24,324 square feet of living space. Both plan set conveys with sale.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R5

Direction From AZ-51 and Northern Avenue, West on Northern, North on 7th Street, West on Hatcher to property.

Interior

Heating See Remarks

Cooling See Remarks

Flooring Vinyl

Appliance See Remarks

Exterior

Parking Features See Remarks

Community Features Barbecue, No Pool

Roof Type Foam

Private Pool No

Building

Sewer See Remarks

Water See Remarks

New Construction No

Schools

Elementary Schools Sunnyslope Elementary School

Middle Schools Sunnyslope Elementary School

High Schools Sunnyslope High School

School District Glendale Union High School District

Others

Senior Community No

Tax ID 159-45-141

Ownership Fee Simple

Acceptable Financing Cash to Loan, Cash, Owner May Carry, Conventional, 1031 Exchange, Wraparound

Disclosures Soil Test, Boundary Survey Avlb, Seller Prop Disc Stm, ALTA Survey Availbl, Development Plan Avl

Listing Terms Cash to Loan, Cash, Owner May Carry, Conventional, 1031 Exchange, Wraparound

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Listed by Grayson Real Estate • Keith Grayson

NEARBY SCHOOL & BUSINESS

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320 E Hatcher Road Phoenix, AZ 85020