AziqueHomes.com - Details on the Property for Sale in Scottsdale an...

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Katrina Golikova

kg@aziquehomes.com +1(480) 320-9207

$ 990,000

Est. payment | -/mo

0.41 Acres Lot

Save

$ 990,000

Est. payment | -/mo

Save

0.41 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Hamilton Sub.

MLS Listing ID 6741245

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $1,751

Tax Year 2023

Lot Size 0.407 Acres

Acres 0.41

Lot Dimensions 94' x 190'

Property Description

Sales includes 917 & 921 N 8th St. 8th & Roosevelt consists of a historic home and additional land for
development, located in the heart of the Garfield Historic District. The
property sits on approximately a half-acre (gross) of land that is zoned
R-5. The seller has a site plan to add (11) 1-bedroom units and (2)
2-bedroom units along with amenity space between the new units and
the existing historic home. This would be a perfect small apartment
community or short-term rental building in a ''Melrose Place'' type setting
in downtown Phoenix. This is a fantastic, bite-sized opportunity for the
seasoned investor or a local creative / artistic developer who wants to do
a unique, fun project in the heart of one of the busiest, most dynamic, and
eclectic areas in the entire Valley. 8th & Roosevelt is an awesome value-add / development opportunity in the heart of Downtown Phoenix. The property is located just east of 7th Street right off of Roosevelt in the heart of the gentrifying Garfield Historic District. Roosevelt and 7th Street is the east entrance to the happening Roosevelt Row district in the epicenter of Downtown Phoenix. It is minutes to the stadium district and a short bike ride / walk to the downtown ASU campus, Phoenix Burton Barr Library, and the Phoenix Art Museum. It is
also minutes to Margaret T. Hance Park, which is the location of hundreds of activities including the McDowell Mountain Music Festival and many weekend food / craft festivals throughout the year. It is approximately a half mile to the I-10 Freeway to allow quick and easy access to all parts of the valley. This location is as central is it gets and allows residents to enjoy, with ease, so much of what Downtown and Midtown have to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points within minutes, 8th & Roosevelt Redevelopment Opportunity will prove to be a great place for residents to live as well as will be a very attractive parcel for a future class-A
redevelopment in an A location.
Phoenix is consistently on every national list for net influx of people and jobs, and the downtown area is expected to continue to explode with huge job growth in many different sectors; with Arizona State University's downtown campus rapidly expanding (already over 11,000 students and rapidly growing); with massive amounts of biotech investment and development in the area (the new Creighton University is approximately 2 miles away in midtown; the Phoenix Biomedical HUB is a couple blocks away; the stadium district is minutes away; the warehouse district is
exploding around the corner to the south; and more). Opportunities like 8th & Roosevelt are rare and offer an investor a great value-add opportunity in one of the most active and desirable areas in the country.

Location

State AZ

County Maricopa

Community Hamilton Sub.

Zoning R5

Direction East on Roosevelt, South on 8th Street to Property on East side of street.

Exterior

Fence See Remarks

Building

Sewer Public Sewer

Water City Franchise, Other

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-32-065

Acceptable Financing Cash, Other (See Rmks), 1031 Exchange, Conventional

Listing Terms Cash, Other (See Rmks), 1031 Exchange, Conventional

Listed by ABI Multifamily

REQUEST MORE INFORMATION ON THIS PROPERTY

Katrina Golikova

+1(480) 320-9207

Real Estate Professional | License ID: SA696603000

Real Estate Professional License ID: SA696603000

Arizona is unique place to live - discover Your AZiQUE Home and live AZiQUE Lifestyle today.

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BUYER REPRESENTATION

AZiqueHomes.com has a very specific meaning – being a derivative from the word “unique” combined with Arizona Style Living, we get a truly exquisite and AZique local vibe here in everything you can think of as your daily routine: people you meet, homes you see, style, way of living, cost of living, traffic, perspectives and fantastic atmosphere. It’s aaall here. And it’s AZique, second to nothing:)

Thus as a real estate consultant I am visioning my mission as being a go to local real estate expert, who provides not just high quality service, valuable market knowledge and finds you a home, but creates an immersive experience whether you are a local buyer, or come from another state or country – You get way beyond just numbers and service, You feel connected to this unique place on Earth and to the local community.

Reach out right away to discuss, what are You looking for, what opportunities are and to envision the plan to reach Your real estate goals.

SELLER REPRESENTATION

Unlocking the door to your next chapter isn’t just a transaction; it’s a deeply personal journey, rooted in the vibrant tapestry of our community. As a local professional and fellow admirer of the unique AZique life, I don’t just sell homes; I craft narratives. Your home isn’t just a property; it’s a piece of our shared story. Let’s navigate this path together, ensuring that your sale isn’t just successful, but uniquely tailored to the heartbeat of our community. Your journey is my commitment, your success is our shared triumph.

Connect right away to discuss the path to successful listing and closing on your property and to evaluate Your opportunities.

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921 N 8TH Street #6 Phoenix, AZ 85006

Katrina Golikova

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Building

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