1002 E Fairmount Avenue, Phoenix, AZ 85014
- $700,000
- Sold Price
- $700,000
- List Price
- $730,000
- Closing Date
- Jul 01, 2025
- Days on Market
- 135
- Status
- CLOSED
- MLS#
- 6822102
- City
- Phoenix
- Subdivision
- Kay Tract
- Year Built
- 1930
Property Description
Seller financing is available with a minimum 20% down payment & 4% Interest Rate . This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance. In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club
Additional Information
- School District
- Phoenix Union High School District
- Community Features
- No Pool
- Construction
- Painted, Block
- Cooling
- Ceiling Fan(s), Electric
- Electric
- APS
- Flooring
- Ceramic Tile, Concrete
- Heating
- Electric
- New Financing
- Owner May Carry, Conventional
- Parking Features
- Add'l Parking Avail, 1 Space/Unit, On Street
- Roofing
- Composition
- Sewer
- Public Sewer
- Subdivision
- Kay Tract
- Taxes
- $2,146
- Tax Year
- 2024
- Units
- 3
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of ABI Multifamily. Selling Office: R.O.I. Properties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.