Phoenix, AZ 85042,6628 S 10th Street #21-22
Phoenix, AZ 85042,6628 S 10th Street #21-22
Phoenix, AZ 85042,6628 S 10th Street #21-22
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$999,000
Est. payment /mo
1.32 Acres Lot
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UPDATED:

12/06/2024 09:43 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Estrella Rancho Numero Dos

MLS Listing ID 6791818

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $2,220

Tax Year 2024

Lot Size 1.322 Acres

Acres 1.32

Lot Dimensions 401 x 144

Property Description

Subject property consists of two contiguous parcels, addressed 6628 S 10th St (APN 114-24-011-A) & 6636 S 10th St (APN 114-24-012-C). Opportunity to purchase or become a joint venture partner on this 1.32-acre property in the heart of this rapidly growing South Phoenix neighborhood! Owner is open to seller financing! Located just east of 7th Street between Southern Ave and Baseline Rd, this property consists of two contiguous parcels, both zoned for multifamily use (R-3).

There are currently short-term leases in place which are ideal for helping to cover costs until a developer is ready to break ground on the site. There are initial plans to build 20 units, with the potential of working with the city for an allowance of additional units. Located just east of 7th St in South Phoenix, this area is seeing growth and development in tandem with the South Central Extension of the Light Rail, set to be completed in 2025. Along with the Light Rail soon to be blocks away, this site is minutes away from multiple parks like El Reposo Park, as well as retail & shopping off Baseline Rd, and access to the popular South Mountain for outdoor activities.

Please reach out to the listing agent for more info on JV partnership opportunities, seller-carry terms, in-place leases, and anything else.

Location

State AZ

County Maricopa

Community Estrella Rancho Numero Dos

Zoning R-3

Direction From S 7th St & E Baseline Rd, go north on 7th St. Turn east onto E Vineyard Rd, then north onto S 10th St. Subject property is on the west side of 10th St.

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 114-24-011-A

Acceptable Financing Seller May Carry, 1031 Exchange, Owner May Subordinte

Horse Property N

Listing Terms Seller May Carry, 1031 Exchange, Owner May Subordinte


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Arizona Regional MLS (ARMLS)
Listed by ABI Multifamily

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Kodi Riddle

+1(480) 624-8019

Associate Broker / Owner | License ID: BR514965000

Associate Broker / Owner License ID: BR514965000

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6628 S 10th Street #21-22