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1401 E Wood Street #24, Phoenix, AZ 85040
$350,000
1401 E Wood Street #24, Phoenix, AZ 85040View this property at 1401 E Wood Street #24, Phoenix, AZ 85040
1401 E Wood Street #24PhoenixAZ85040
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Property Description
Multifamily Development Opportunity at 1401 E Wood St, Phoenix, AZ 85040. Seize this rare chance to own a 0.72-acre parcel zoned R-4, allowing for the development of up to 20 units in a thriving location. Situated in both an opportunity zone and a QCT-qualified census tract, it presents substantial tax incentives for investors. The lot offers easy access to the I-10 freeway, setting the stage for effortless commuting to Downtown Phoenix, and the Sky Harbor Airport. The scenic South Mountain Park and Preserve is in proximity. Build a prosperous future in a booming locale, and watch your vision come to life at 1401 E Wood Street.
Full Property Details
Full Property Details for 1401 E Wood St #24
General
- Sold For: $350,000
- Taxes: $521 (2022)
- Status: Closed
- Type: Lots/Land
- MLS ID: 6603786
- Added to Site: 150 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: CENTERGROVE TRACT 1 THROUGH 16
- Cross Streets: 16th Street & Broadway
- Total Lots Available: 1
Utilities
- Dist. to Gas: Under 350 Feet
- Sewer: Sewer Available
- Dist. to Sewer: Under 350 Feet
- Water: City Franchise
- Dist. to Telecomm: Under 350 Feet
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,363
- Lot Dimensions: UNK
- Frontage: Asphalt
- Development Status: Raw Land
- Zoning: R-4
Financial Considerations
- Tax Amount: $521
- Tax Year: 2022
- Terms: No Carry, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Buyer/Broker Compensation Available: Yes
- Legal Description: LOT 24 CENTERGROVE TRACT 1 THROUGH 16 MCR 001807
- Property ID: 113-26-011
- Range: 3E
- Section: 21
- Lot Number: 24
Listed and Sold by Get Multifamily
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Schools
Schools serving 1401 E Wood St #24
School Districts:Roosevelt Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
4610 S 12th St, Phoenix, AZ 85040 | K-8 | 0.4 mi | |
5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 1 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 6.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1401 E Wood St #24
Date
Details
Price
Change
Source
5/01/2024
Sold
$350,000
—
MLS
12/21/2023
Price Reduced
$350,000
-17.65%
MLS
11/01/2023
Price Reduced
$425,000
-10.53%
MLS
9/11/2023
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1401 E Wood Street #24, Phoenix, AZ 85040 (MLS# 6603786) is a Lots/Land property that was sold at $350,000 on May 01, 2024. Want to learn more about 1401 E Wood Street #24? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.