2532 E Washington Street

Phoenix, AZ
$ 1,800,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

One acre land parcel with the ability to purchase the adjacent parcel to the West. This would give you a total of 1.8 Acres. Both properties are in a Phoenix Opportunity Zone, in the Metro Light Rail overlay and in an area the city is very motivated to support redevelopment in.The main parcel is currently operating as a multifamily assemblage of 14 mobile homes and 18 residential units. The adjacent parcel currently has a vacant industrial building on site. The property delivers a strong cap rate as is and presents strong redevelopment potential. This is a rare opportunity to have cash flowing land while leveraging the latent value future development potential. Includes parcels 121-63-110, 121-63-109, 121-63-111 and 121-63-115.

Land

  • Price
  • $ 1,800,000
  • Lot Size
  • 1 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Phoenix
  • Taxes
  • 7668
  • County
  • MARICOPA
  • Style
  • Commercial Lot,Residential Lot
  • Area
  • MLS#
  • 6149185
  • Zip
  • 85034
Listing Provided by: REI Marketing

Features

General

Electric Other (See Rmks)
HOA Y/N No
Map Code/Grid Q35
New Financing Conventional
Present Use Commercial Lot, Residential Lot
Property Type C
Public Remarks One acre land parcel with the ability to purchase the adjacent parcel to the West. This would give you a total of 1.8 Acres. Both properties are in a Phoenix Opportunity Zone
Sewer Other (See Rmks)
Special Condition N/A
Status Active
Tax Year 2020
Water Other
Zoning R4, A1

Interior Features

Gas Other (See Rmks)

Exterior Features

Apx Total Acres 1.00
Apx Total Acres G/N G
Distance to Electric Call Listing Office
Distance to Water Call Listing Office
Lot Size NA
Parcel Size 1.00 - 2.49 Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Gold Canyon, AZ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/20/2020 Listed $1,800,000

Property vs Zip Code Average in 85034

Price
AVG $830K
$1.8M
Taxes
AVG $3,703
$7,668
Visits
AVG 127
57
Walkscore
AVG 45
44
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2532 E Washington Street Phoenix, AZ is a Single Family Home for sale at $1800000 and a lot size of 1 Acres Acre(s). 2532 E Washington Street Phoenix has 0 bedrooms, 0 baths . The property's zip code is 85034 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.