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$250,000
2 Beds 2 Baths 7032653 MLS Grand View Annex SubDv. CLOSED Status
Investor & Developer Goldmine in the Heart of Phoenix! The true value of this property lies in its exceptional land utility and premium location. Sitting on a 7,253 sq ft lot with R-4 Multi-Family zoning, this site is legally capable of hosting up to 4 units. The current sellers have already met with the City of Phoenix and laid the groundwork for a premium concept plan: building two brand-new townhomes while converting the existing structure into a third, creating a high-yield 3-unit compound. Concept plans and preliminary designs are ready for review. The sellers are actively working on finalizing these entitlements; buy now at $269,000 in As-Is condition before the price increases once entitlements are fully secured. Highly attractive for investors looking to deploy c capital gains, this property is situated within a Qualified Opportunity Zone (QOZ), with adjacent parcels along Portland Street sharing the same active status. Alternatively, choose to rehab and flip the existing structure in this rapidly up-and-coming neighborhood. The current detached character home features 2 bedrooms, 2 bathrooms, and 1,264 sq ft of potential. Unparalleled urban convenience--just minutes from the Loop 202 and I-10 freeways, downtown dining, nightlife, and schools. Opportunity knocks loud here--bring your vision and capture the upside!

1010 N 18th Street, Phoenix

$150,000
2 Beds 2 Baths 6836309 MLS Grand View Annex SubDv. CLOSED Status
Investor Opportunity - Fixer-Upper in the Heart of Phoenix, Arizona. Discover the potential of this single-family home, located just minutes from the 202 and I-10 freeways. Offering unparalleled convenience, the property is surrounded by shopping, dining, and schools, making it an attractive option for future tenants or homeowners. Roof 40 years, HVAC 10 years old ,gas water heater 24 months old, Dryer is electric. Kitchen updated in 2007, A/C electric. What sets this property apart is its R-4 zoning for multi-family use, providing the perfect canvas for investors looking to expand their portfolio. Whether you envision a renovation of the existing structure or a multi-unit development, this property is brimming with possibilities.The home is being sold as-is.

1010 N 18th St Street, Phoenix

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