330 N 18th Ave. Apt Frnt, Phoenix, AZ 85007

Nov 13, 2024

$ 235,500.00
Builders/Developers: BUILD 5 Units on this R-5 MULTI-FAMILY Parcel in OAKLAND HISTORIC DISTRICT!

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  • Property ID: 49851
  • Post Updated: 2024-12-04 12:49:47
  • ARVE: ~ $800,000 - $900,000 for 5 unit potential
  • Lot size: 8700 sq ft
  • Year built: 1926
  • Type:
  • Status:

Description

Cross-streets: 19th Ave & Van Buren St
Lot Size: 8,700 s.f.
Building Size: 1,446 s.f.
Year Built: 1926
APN: 111-24-025
Access: Call/ E-mail/Text for Access

LOCATION, LOCATION, LOCATION! In the heart of downtown Phoenix’s highly sought-after Oakland Historic District, this property is teeming with potential! This fire-damaged duplex sits on a cleared lot, ready for rebuild with utilities to the pad and room for additional units.

Project Highlights:

  • Wholesale Price: $265,000 
  • ARV (After Restoring Duplex): $500,000 – $525,000
  • ARV (5-Unit Potential): $800,000 – $900,000 

Features/Amenities:

  • Lot Size: 8,700 s.f.
  • Zoning = R-5 (High-Density Multi-Family)!
  • Built: 1926
  • Maricopa Assessor Parcel # 111-24-025

Project Vision: Restore the original duplex and bring it back to life, or take advantage of the overlay to build up to 5 units, maximizing rental income potential. The Oakland Historic District offers unbeatable location appeal, rich with culture and proximity to all downtown Phoenix has to offer. With projected rental income surpassing $6,000/month, this is a prime opportunity for positive cap rate and high rental income potential.

This investment combines historic charm with substantial value-add potential. Act now to secure this incredible opportunity—reach out for more information!

View on map / Neighborhood

This style property is located in Phoenix is currently and has been listed on True Freedom Achievers. This property is listed at $ 235,500.00. It has bedrooms, bathrooms, and is . The property was built in 1926 year.

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