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3130 N 37TH Street, Phoenix, Arizona

$750,000Active

3130 N 37TH Street, Phoenix, Arizona 85018
Kasten Long Commercial Group - MLS® ID: 5612518

Property Details

3130 N 37TH Street, Phoenix, Arizona 85018 - Three Pines Apartments is an 8 unit multi-family offering sitting on two (2) tax parcels which total 40,142 square feet- or 0.92 Acres. With this desirable Arcadia Lite / Citrus Acres location this offering represents a prime redevelopment opportunity. While there are 8 rental units on the property, the condition and functionality of the improvements may not qualify as a viable 'value-add' effort. The nearly 1 acre lot size with R-3 zoning may best be suited for redevelopment. Offered at a price of $18.68/sf the scraped lot would allow the developer a low enogh land cost basis to build contemporary townhomes or apartments able to compete for the growing demand for modern living space in this desirable Arcadia Lite neighborhood.

Amenities

  • Zip85018
  • CountyMaricopa
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeM-M, R-3
  • School districtPhoenix Union High School District
  • Year built1979
  • Lot sizeirreg
  • SewerSewer - Public
  • HeatingElectric
  • CoolingHeat Pump
  • ParkingStreet Parking
  • Tax amount$4,032.00
  • Office IDklcg01
  • Agent IDst280
  • Agent nameScott R Trevey
  • MLS® ID5612518

Broker: Kasten Long Commercial Group

Listing Courtesy of Kasten Long Commercial Group

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