Phoenix, AZ 85009,4007 W McDowell Road #623
Phoenix, AZ 85009,4007 W McDowell Road #623
Phoenix, AZ 85009,4007 W McDowell Road #623
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$ 288,000
Est. payment | /mo

0.42 Acres Lot


Save
$ 288,000
Est. payment | /mo
Save

0.42 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Winona Park 5

MLS Listing ID 6759712

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $1,103

Tax Year 2023

Lot Size 0.417 Acres

Acres 0.42

Lot Dimensions 165'x110'

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!

Location

State AZ

County Maricopa

Community Winona Park 5

Zoning R-5

Direction Heading west on McDowell Rd, property is on your left

Exterior

Waterfront No

Building

Sewer Public Sewer

Water City Franchise

New Construction Yes

Others

Senior Community No

Tax ID 106-30-127

Acceptable Financing Other (See Rmks), Seller Approve Terms, 1031 Exchange, Conventional

Horse Property N

Listing Terms Other (See Rmks), Seller Approve Terms, 1031 Exchange, Conventional

Arizona Regional MLS (ARMLS)
Listed by Compass

GET MORE INFORMATION

Nicolas Toscano

Mortgage Loan Originator & Realtor | License ID: SA709955000 NMLS# 1418692

+1(480) 432-5551

2212 E Williams Field Rd # 210, Gilbert, AZ, 85295

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4007 W McDowell Road #623