Listing MLS# 6883246 Phoenix AZ Real Estate

Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Phoenix AZ real estate, Bowles Sub - Phoenix real estate for sale, Phoenix, AZ homes for sale and Phoenix real estate and Phoenix homes.

$639,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$639,000 No Recent Price Change
4202 S 3rd Street UNIT #5
Phoenix, AZ 85040
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • N/AYear Built
  • 1.06Acres
  • N/AEst Age
  • MLS# 6883246
  • Land
  • Land
  • Active

  • Approx Time on Market3 months, 15 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Bowles Sub

Overview

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 ROITax Assessed at $500K (We're probably under-pricing this - our loss is your gain!)Minutes from Sky Harbor, downtown, and freewaysMaricopa Assessor Parcel # 113-13-011This 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!



Agriculture / Farm

Horse:  No

Association Fees / Info

Hoa:  No

Bathroom Info

Exterior Features

Pool Private:  No

Garage / Parking

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size Units:  Acres

Lot Size:  IRR

Lot Sqft:  46228

Other

Special Listing Conditions:  N/A

Other Structures:  None

Other School Info

Property Info

Road Surface Type:  Asphalt

Zoning:  R4

Possible Use:  Multi-Family,Commercial

Property Attached:  No

Tax Info

Tax Legal Description:  BOWLES SUB PT LOT 5, EX W 93' & N 20'

Tax Amount Annual:  2815

Unit Info

Unit:  5

Utilities / Hvac

Water Source:  City Franchise

Electric:  SRP

Cooling:  No

Heating:  No

Sewer:  Sewer - Available

Waterfront / Water

Water Front:  No

Directions

Central Ave & Broadway Rd

Listings courtesy of United Southwest Realty  Broker Reciprocity

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On barbarabakerrealty.com since Fri, Jun 20th 2025
No Property History recorded for this listing.
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