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Michael Hankerson

michael@hankersonteam.com +1(602) 770-7205

$ 288,000

Est. payment -/mo

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Price Dropped by $10K

4007 W McDowell Road #- Phoenix, AZ 85009

0.42 Acres Lot

UPDATED:

10/07/2024 07:42 PM

Key Details

Property Type Vacant Land

Listing Status Active

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

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

Listed by Compass

Michael Hankerson

Designated Broker | License ID: BR648768000

+1(602) 770-7205

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Michael Hankerson

Michael Hankerson

4007 W McDowell Road #- Phoenix, AZ 85009

Key Details

Location

Exterior

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Others

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4007 W McDowell Road #-