412 N 52nd Street Unit 28, Phoenix, AZ 85008

$499,999
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List Price
$499,999
Days on Market
158
Status
ACTIVE UNDER CONTRACT
MLS#
6988051
City
Phoenix
Lot Size
39,204
Subdivision
Papago Addition 3
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(480) 244-4856

Property Description

Prime development opportunity on this nearly 1 acre R-4 zoned Lot directly off the Loop 202 & Van Buren. Highest and best use of this lot is a 3 story apartment building. Current density is 29 units/acre. Opportunity also exists to potentially rezone to R-5 zoning, which would allow 4 stories & increased density. Neighboring apartment complexes are zoned R-5.

(480) 244-4856
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Additional Information

Acres
0.90
Electric
APS
Lot Size
39,204
New Financing
Cash, Conventional
Sewer
Sewer - Available
Subdivision
Papago Addition 3
Taxes
$5,346
Tax Year
2025
Water
City Franchise
Zoning
R-4
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Calculator source: Real Geeks

Listing courtesy of MCO Realty.

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