Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
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$700,000

$730,000

4.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/01/2025

Key Details

Sold Price $700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Kay Tract

MLS Listing ID 6822102

Sold Date 07/01/25

Year Built 1930

Annual Tax Amount $2,146

Tax Year 2024

Lot Dimensions 17464

Source Arizona Regional Multiple Listing Service (ARMLS)

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

Location

State AZ

County Maricopa

Community Kay Tract

Zoning R-3

Interior

Heating Electric

Cooling Ceiling Fan(s), Electric

Flooring Ceramic Tile, Concrete

Appliance Built-In Range

Exterior

Parking Features Add'l Parking Avail, 1 Space/Unit, On Street

Community Features No Pool

Roof Type Composition

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 118-03-035

Acceptable Financing Owner May Carry, Conventional

Listing Terms Owner May Carry, Conventional

Financing Carryback

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Arizona Regional MLS (ARMLS)
Listed by ABI Multifamily
Bought with R.O.I. Properties
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