2202 E Desert Lane, Phoenix, AZ 85042

$550,000

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Sold Price
$550,000
List Price
$550,000
Closing Date
Dec 21, 2023
Days on Market
73
Status
CLOSED
MLS#
6612965
City
Phoenix
Subdivision
South Mountain Acres 5-12, 22-29
Year Built
2003

Property Description

Incredible opportunity to purchase almost 2.5 acres in the gentrifying South Mountain area. Zoned Multi-Family R-3, this property has 3 structures on it. First, there is a charming older home which can be remodeled. Second, there is a double wide trailer built in 2003. Third, there is a metal shed. Drive down Desert Ln and you're surrounded multiple million dollar properties and desert landscape just minutes from incredible hiking, biking, and horse trails. Property can be split! Turn the land into a horse property or use it as an investment opportunity to earn income. Easy access to Sky Harbor, ASU, i-10. Owned by the same family for almost 30 years!

Additional Information

School District
Phoenix Union High School District
Community Features
See Remarks
Construction
Wood Frame, Painted
Cooling
None
Electric
APS
Flooring
Other
Heating
Other
New Financing
Conventional, FHA, VA Loan
Parking Features
Other
Roofing
Composition
Sewer
Septic in & Cnctd
Subdivision
South Mountain Acres 5-12, 22-29
Taxes
$4,577
Tax Year
2022
Units
2
Water
City Franchise
Zoning
[R-3]

Courtesy of Russ Lyon Sotheby's International Realty. 480-287-5200 Selling Office: HomeSmart.

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