1414 N 5th Street Unit 7, Phoenix, AZ 85004
- $700,000
- Sold Price
- $700,000
- List Price
- $985,000
- Closing Date
- Oct 23, 2023
- Days on Market
- 55
- Status
- CLOSED
- MLS#
- 6597067
- City
- Phoenix
- Lot Size
- 4,253
- Subdivision
- East Evergreen Addn Blks 3-6, 11&12
Property Description
This exceptional development opportunity blends historical preservation with modern potential. The 25,860 SF corner lot (17,399 SF net) is your canvas for a 25-unit project, featuring 13 studios and 12 1-bedroom units. Zoning allows 43.5 units/acre with a 65-foot height limit, offering creative freedom. Nestled near Downtown Phoenix, ASU, and the I-10 Freeway, this property ensures connectivity. The Phoenix Light-Rail, just half a mile away, enhances accessibility. Plus, Roosevelt Row, a vibrant hub for dining and nightlife, is a mere 0.5 miles, making this property truly remarkable.
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Additional Information
- Elementary School
- Kenilworth Elementary School
- School District
- Phoenix Union High School District
- Acres
- 0.40
- Electric
- APS
- Fencing
- None
- Lot Size
- 4,253
- New Financing
- Cash, Other (See Rmks), 1031 Exchange, Conventional
- Sewer
- Public Sewer
- Subdivision
- East Evergreen Addn Blks 3-6, 11&12
- Taxes
- $9,205
- Tax Year
- 2022
- Water
- City Franchise
- Zoning
- C-DTC-EEVER
Courtesy of Keller Williams Realty Phoenix. amber.valentine@kw.com Selling Office: Keller Williams Realty Phoenix.
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