4007 W Mcdowell Road Unit 623, Phoenix, AZ 85009
- $260,000
- Sold Price
- $260,000
- List Price
- $288,000
- Closing Date
- Dec 09, 2024
- Days on Market
- 88
- Status
- CLOSED
- MLS#
- 6759712
- City
- Phoenix
- Lot Size
- 18,150
- Subdivision
- Winona Park 5
Property Description
Prime Development Opportunity!! This high-density residential-zoned lot offers the potential for up to 24 units with 110' of prime frontage along McDowell Road. Situated in a Qualified Census Tract (QCT), the property is eligible for Low-Income Housing Tax Credits, making it an ideal investment. With an annual average household income of over $80,000 within a 1-mile radius, the area is ripe for development. Don't miss out on this rare opportunity!
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Additional Information
- Acres
- 0.42
- Electric
- SRP
- Lot Size
- 18,150
- New Financing
- Cash, Conventional, Seller Approve Terms, 1031 Exchange, Other (See Rmks)
- Subdivision
- Winona Park 5
- Taxes
- $1,103
- Tax Year
- 2023
- Water
- City Franchise
- Zoning
- R-5
Courtesy of Compass. 480-776-1555 Selling Office: WeDo Real Estate and Beyond.
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