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This fully remodeled, 9-unit multi-family property is situated in the heart of the Roosevelt Arts District, offering immediate rental income while you plan a redevelopment project with high ROI potential. Zoned DTC-E-EV, this prime lot allows for up to 98 residential units or a mix of retail and boutique hotel space, with building heights up to 250 feet. Located in one of Phoenix's fastest-growing areas, close to public transit, dining, and entertainment, this property is perfect for investors looking to capitalize on the city's rapid development. Don't miss out on this rare opportunity to maximize your returns!PROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
APS
Community Features :
Play Area, No Pool
Parking Features:
Paved Parking, Fee, Assigned, Auto Door Opener, Street Parking
Cooling:
Central A/C, Electric
Heating :
Central, Electric
Construction Materials:
Painted, Stucco, Brick, Frame - Wood
Flooring :
Wood, Concrete
PROPERTY DETAILS
Street Address: 338 E PORTLAND Street
City: Phoenix
State: Arizona
Postal Code: 85004
County: Maricopa
MLS Number: 6754543
Year Built: 1948
Courtesy of HomeSmart
City: Phoenix
State: Arizona
Postal Code: 85004
County: Maricopa
MLS Number: 6754543
Year Built: 1948
Courtesy of HomeSmart
Courtesy of Premier Haven Management Solutions, LLC