Phoenix, AZ 85040,1327 E WOOD Street E #22
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$ 685,000
Est. payment | /mo

1.11 Acres Lot


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$ 685,000
Est. payment | /mo
Save

1.11 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Centergrove Tract 1 Through 16

MLS Listing ID 6740827

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $750

Tax Year 2023

Lot Size 1.110 Acres

Acres 1.11

Lot Dimensions 0X0

Property Description

: Multifamily Development Opportunity at 1327 E Wood St, Phoenix, AZ 85040. Seize this rare chance to own 1,1 acre parcel zoned R-4, allowing for the development of up to 29 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 1327 E Wood Street.

Location

State AZ

County Maricopa

Community Centergrove Tract 1 Through 16

Zoning R4

Direction 16th Street & Broadway Directions: 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

Lot Description Dual Street Ftg

Sewer Public Sewer

Water City Franchise

Schools

Elementary Schools Roosevelt Elementary School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 113-26-009

Acceptable Financing No Carry

Listing Terms No Carry

Arizona Regional MLS (ARMLS)
Listed by United States Realty

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1327 E WOOD Street E #22