511 N 10TH Avenue, Phoenix, AZ 85007
UNIVERSITY ADDITION · Web ID # 7030970
Overview
Features
- Seller Prop Disc Stm
- None
- North/South Exp
- Other
- Owner May Carry
- Cash
- Conventional
About this home
This vacant 6715+/- square foot residential infill lot presents an outstanding opportunity for developers and investors seeking a well-located site in the heart of Phoenix. Zoned R5/R1. The site supports a range of residential development options, including multi-family configurations, making it an attractive choice for urban housing projects. The property consists of 2 parcels(APN 111-30-031 & 111-30-033), delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility & visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization & investment activity At the intersection of Grand Ave and Polk Street, the property offers excellent connectivity to major thoroughfares and is less than a mile from downtown With its central location along Grand Ave in the Entertainment Arts District, flexible zoning, and development potential, this site is well-suited for builders and investors looking to capitalize on Phoenix's expanding residential demand. Seller financing is available: 25% down, 7% over 30 years with a 5-year balloon. 4% prepayment penalty for the first 3 years, no prepayment penalty after 3 years.
Directions: West on Roosevelt, South on 10th Ave to the Property is just South of Fillmore and the East side of 10th Ave
Location
Listing courtesy of Real Broker
MLS Listing Agent: Kenny Klaus