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4202 S 3RD Street 5, Phoenix, AZ 85040

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For Sale

$639,000

1.06 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1.1 acres
    Lot size

Explore this Property

Located in an OPPORTUNITY ZONE! Zoned R-4 Multi-Family Build up to 35 Units! By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail. Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St! Ideal for build-to-rent or pad-split models. Pad-Split or BTR model = Maximum ROI Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!) Minutes from Sky Harbor, downtown, and freeways Maricopa Assessor Parcel # 113-13-011 This is a builder's dream ideal for investors looking to cash in on Phoenix's booming rental market. Serious buyers only priced to move. Multi-family gems like this don't last. Zoned. Positioned. Priced right. In Opportunity Zone. Let's build!
MLS# 6883246

Courtesy Of GREG JOHNSON

(480) 941-5114

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.06 Acres

Map and Directions

Directions to 4202 S 3RD Street 5, Phoenix, AZ 85040

Home seller CENTURY 21 Northwest Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northwest Realty

(623) 979-0065
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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