324 N 18th Avenue, Phoenix, AZ 85007

$279,900
2
BD
2
BA
910
SqFt

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List Price
$279,900
Status
ACTIVE
Price Change
▼ $5,100 1788919428
Days on Market
57
MLS#
7055892
City
Phoenix
Bedrooms
2
Bathrooms
2
Living SQFT
910
Lot Size
8,700
Acres
0.20
Year Built
1926
Type
Single Family Residence

Property Description

Single family home was built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. The home offers 2 bedrooms and 1.5 bathrooms in 910 square feet, with brick construction, an asphalt shingle roof, evaporative cooling, and a covered patio. The interior of the home was updated approximately six years ago. The property is currently leased until 10/31/2026 and produces rental income. Neighboring property at 326 N 18th Ave, which is a duplex, is also for sale, see MLS 7055964 . Purchased together, the two parcels total 0.4 acres of R-5 land, positioned for redevelopment into multiple rental units. 324 N 18th Ave and 326 N 18th Ave sit side by side, both zoned R-5 and total 0.4 acres. Both properties generate income under current use, which lets a buyer hold and collect rent while pursuing entitlements. Buyer to confirm current development standards, parking requirements, and permitted density with the City of Phoenix Planning and Development Department. Buyer to perform all due diligence.

Additional Information

Taxes
$1,350
Stories
1
Living Area
910
Laundry
Washer Hookup
Flooring
Linoleum
Parking Features
Side Vehicle Entry
Spa
None
Construction
Brick, Painted
Roofing
Composition
Cooling
Ductless
Heating
Forced Air
Architecture
Other
Style
Other
Builder Name
Unknown
Fencing
Chain Link, Back Yard
Subdivision
Oakland
Assoc Fee Includes
No Fees
Community
Oakland
Community Features
Historic District
Water
Public
New Financing
Cash, VA Loan, FHA, Conventional
Elementary School
Capitol Elementary School
Middle School
Capitol Elementary School
High School
Central High School

Courtesy of Cadaci Realty. 623-866-4221

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