AZ > Phoenix > Centergrove Tract 1 Through 16
Phoenix, AZ 85040,1401 E WOOD Street #24
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Eric Ravenscroft, CRS

Eric Ravenscroft, CRS

+1(805) 815-5695
$ 350,000
Est. payment | /mo

0.72 Acres Lot

Save
$ 350,000
Est. payment | /mo
Save

0.72 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Centergrove Tract 1 Through 16

MLS Listing ID 6729598

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $521

Tax Year 2022

Lot Size 0.720 Acres

Acres 0.72

Lot Dimensions UNK

Property Description

Multifamily Development Opportunity at 1401 E Wood St, Phoenix, AZ 85040. Seize this rare chance to own a 0.72-acre parcel zoned R-4, allowing for the development of up to 20 units in a thriving location. Situated in both an opportunity zone and a QCT-qualified census tract, it presents substantial tax incentives for investors. The lot offers easy access to the I-10 freeway, setting the stage for effortless commuting to Downtown Phoenix, and the Sky Harbor Airport. The scenic South Mountain Park and Preserve is in proximity. Build a prosperous future in a booming locale, and watch your vision come to life at 1401 E Wood Street.

Location

State AZ

County Maricopa

Community Centergrove Tract 1 Through 16

Zoning R-4

Direction From 16th Street & Broadway, head west to 13th Street, north to Wood Street, east to property located on the south side of Wood Street.

Exterior

Waterfront No

Topography Level

Building

Sewer Sewer - Available

Water City Franchise

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 113-26-011

Acceptable Financing No Carry, Conventional

Horse Property N

Listing Terms No Carry, Conventional

Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Get Multifamily

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1401 E WOOD Street #24