About 5016 N 21st Avenue
This redevelopment opportunity is ideally located in a prime Central Phoenix location near Grand Canyon University. Highest and best value is in the land and multifamily zoning. Zoned R-3, the property offers rare density potential for an infill townhome, duplex, or 8-10+ unit residential project (buyer to verify unit count/site plan with the City of Phoenix), complete with rear alley access. Located in a qualified opportunity zone. Large 1/2 acre plus lot. Commuting is made easy with close proximity to three major highways (I-17, I-10, AZ-51) and the Phoenix Light Rail. Tenant occupied 3 bedroom/2 bathroom and detached casita. Immediate cash flow for an infill development to cover costs while plans are approved. Please do not disturb tenants.
Features of 5016 N 21st Avenue
| MLS® # | 7074771 |
|---|---|
| Price | $525,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 1,304 |
| Acres | 0.56 |
| Year Built | 1936 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 5016 N 21st Avenue |
|---|---|
| Subdivision | CAMELBACK GARDENS |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85015 |
Amenities
| Amenities | Near Light Rail Stop, Near Bus Stop |
|---|---|
| Utilities | SRP |
| Parking Spaces | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Non-laminate Counter, Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm |
|---|---|
| Appliances | Refrigerator, Electric Range |
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Separate Guest House |
|---|---|
| Lot Description | Natural Desert Back, Natural Desert Front |
| Roof | Composition |
| Construction | Wood Frame, Painted |
| Horse Property | No |
School Information
| District | Phoenix Union High School District |
|---|---|
| Elementary | Westwood Elementary School |
| Middle | Choice Learning Academy |
| High | Alhambra High School |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | APB Valley Spaces |
|---|