2045 E MICHIGAN Avenue, Phoenix, AZ 85022
$376,000
Property Type:
Residential
Bedrooms:
1
Baths:
1
Square Footage:
673
Lot Size (sq. ft.):
6,617
Status:
Active
Current Price:
$376,000
Last Modified:
4/30/2024
Description
NO HOA - READY FOR MULTIFAMILY - ALL UTILITIES ON PROPERTY - Welcome to an exceptional real estate opportunity in a thriving community! These two contiguous parcels, zoned for high-density multifamily development, come with a valuable bonus - a manufactured home on each property that can generate income as you plan your development. This unique feature ensures immediate revenue, making this investment practical and promising. Strategically located near major freeways, schools, and a variety of dining and shopping options, these parcels are perfectly positioned for a multifamily development. Notably, a large parcel across the street is already capitalizing on the same development opportunity, highlighting the strong demand for multifamily housing in the area.
More Information MLS# 6618441
Contract Information
Status Change Date: 2024-04-29
List Price: $376,000
Status: Active
Current Price: $376,000
List Date: 2023-10-16
Type: ER
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2
Variable Commission: N
Location, Tax & Legal
House Number: 2045
Compass: E
Street Name: MICHIGAN
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85022
Zip4: 1404
Country: USA
County Code: Maricopa
Assessor's Map #: 71
Assessor's Parcel #: 153
Assessor Number: 214-71-153
Legal Description (Abbrev): LOT 153 NEW BELL PARK MCR 009623
Subdivision: NEW BELL PARK
Tax Municipality: Phoenix
Taxes: 481
Tax Year: 2022
General Property Description
Dwelling Type: Mfg/Mobile Housing
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 1
# Bathrooms: 1
Approx SQFT: 673
Price/SqFt: 558.69
Horses: N
Builder Name: NA
Year Built: 1982
Approx Lot SqFt: 6617
Approx Lot Acres: 0.152
Flood Zone: No
Pool: None
Elementary School: Echo Mountain Intermediate School
Jr. High School: Mountain Sky Middle School
High School: North Canyon High School
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Remarks & Misc
Cross Street: E. Michigan Ave & N. 20th St
Directions: Located between Cave Creek Rd & 20th St and Union Hills & Bell Rd.
Geo Lat: 33.651116
Geo Lon: -112.03752
Legal Info
Township: 4N
Range: 3E
Section: 34
Lot Number: 153
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Carport Spaces: 2
Slab Parking Spaces: 4
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Add'l Property Use: Other (See Remarks)
Master Bathroom: None
Fireplace: No Fireplace
Pool Features: No Pool
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Cook Top Gas; Dishwasher; Built-in Microwave; Refrigerator
Laundry: See Remarks
Construction: Frame - Wood; Frame - Metal
Const - Finish: Other (See Remarks)
Roofing: Other (See Remarks)
Cooling: Refrigeration
Heating: Electric
Utilities: APS; SW Gas
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block; Chain Link
Landscaping: Gravel/Stone Front; Natural Desert Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; 1031 Exchange
Disclosures: Seller Discl Avail
Listing Office: HomeSmart
Last Updated: April - 30 - 2024
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