17 August, 2020
Wholesale Price $295,000 OBO
ARV $300,000 – $330k Per Door
South Mountain Development Opportunity
Baseline Road & 7th Street
Wholesale property description:
- 369′ (frontage) x 100′
- R1-6 Zoning: 55′ min Frontage
- 38,768 Sqft Lot
- No Impact Fees
- Current House 1,447 sqft Living Area
- Split existing structure off with 83×100 Lot. Put 30k and sell at 270k. Be into remaining lots for $75,000 (15k per raw lot). Split remaining parcel into (5) 60×100, as estimated above).
- Newer Product selling at 300-330k
- Sewer – Requires a mainline extension off South Mountain
- Water – Requires a mainline extension off South Mountain
- Will require 6″ vertical curb and gutter on 8th St
- COE 8/31
- Vacant at COE – Call for Access
Wholesale Price: $295,000 OBO
ARV – $300,000-330,000 Per Door
744 E South Mountain Ave, Phoenix AZ 85042
Call/Text Andy at 602-717-6656
$5,000 Non-Refundable earnest money to be deposited by NOON of the following day or contract will be cancelled.
If you are working with a client and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client that is separate from the wholesale price. Or you may adjust the wholesale price upwards to include your commission.