
Courtesy of: Mark St. Peter, Gentry Real Estate, mark@msthomes.com
$269,000
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.17 Acres
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Single Family Residence
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$269,000
1010 N 18TH Street Investor & Developer Goldmine in the Heart of Phoenix! The true value of this property lies in its exceptional land utility and premium location. Sitting on a 7, 253 sq ft lot with R-4 Multi-Family zoning, this site is legally capable of hosting up to 4 units. The current sellers have already met with the City of Phoenix and laid the groundwork for a premium concept plan: building two brand-new townhomes while converting the existing structure into a third, creating a high-yield 3-unit compound. Concept plans and preliminary designs are ready for review. The sellers are actively working on finalizing these entitlements; buy now at $269, 000 in As-Is condition before the price increases once entitlements are fully secured. Highly attractive for investors looking to deploy ca capital gains, this property is situated within a Qualified Opportunity Zone (QOZ), with adjacent parcels along Portland Street sharing the same active status. Alternatively, choose to rehab and flip the existing structure in this rapidly up-and-coming neighborhood. The current detached character home features 2 bedrooms, 2 bathrooms, and 1, 264 sq ft of potential. Unparalleled urban convenience--just minutes from the Loop 202 and I-10 freeways, downtown dining, nightlife, and schools. Opportunity knocks loud here--bring your vision and capture the upside!
Courtesy of: Mark St. Peter, Gentry Real Estate, mark@msthomes.com
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