3638 S 12th Street, Phoenix, AZ 85040

$475,000

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List Price
$475,000
Price Change
▼ $124,000 1782178403
Days on Market
570
Status
ACTIVE
MLS#
6800371
City
Phoenix
Subdivision
Monte Vista Acres Plat A 33-36 And 43-46
Year Built
1926

Property Description

Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

Additional Information

Elementary School
Irene Lopez School
High School
South Mountain High School
Middle School
Irene Lopez School
Community Features
No Pool, See Remarks
Construction
Wood Frame
Cooling
None
Electric
SRP
Flooring
Other
Heating
None
New Financing
VA Loan, FHA, Conventional, 1031 Exchange, Cash
Parking Features
>1 Space Per Unit
Roofing
Composition
Subdivision
Monte Vista Acres Plat A 33-36 And 43-46
Taxes
$707
Tax Year
2024
Tenant Pays
See Remarks
Units
14
Water
City Franchise
Zoning
R4

Mortgage Calculator

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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

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