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4007 W McDowell Road #623 Phoenix, AZ 85009
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Key Details
Sold Price $260,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Winona Park 5
MLS Listing ID 6759712
Sold Date 12/09/24
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
Building
Sewer Public Sewer
Water City Franchise
New Construction No
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
Financing Cash
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