![744 E South Mountain Ave, Phoenix AZ 85042](https://wholesalinghouse.com/wp-content/uploads/2020/06/EquityConnectWholesaleProperties-100x86.png)
744 E South Mountain Ave, Phoenix AZ 85042
17 August, 2020
Wholesale Price $295,000 OBO
ARV $300,000 – $330k Per Door
South Mountain Development Opportunity
![](https://ci3.googleusercontent.com/proxy/qIWbL4Rd93V4ezylZafd3SdJNWquuht-2o2zdu3_q87z3MGw8H-tXS6y7gDKKw3G6gCtFi_BzBP9rM8VoYjZMXr-YFl_Ra0o9XHOF0ppzEyueew0OMlVu73IcFeh5SzXvkdPLj5ZIR99BBSIWCmmbLOBRrv3zQbqXw=s0-d-e1-ft#https://hostedimages-cdn.aweber-static.com/MTQxNjkzMQ==/original/a92dc40744ee4357ace11ede1aa036a8.jpeg)
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
Strategy
- 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
Infrastructure
- 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
![Equity Connect Wholesale Properties Andy Brannick (602) 717-6656 abrannick@equityconnect.com 4002 N Miller Rd C200 Scottsdale AZ 85250](https://i0.wp.com/wholesalinghouse.com/wp-content/uploads/2020/03/EquityConnectWholesale.png?resize=600%2C331&ssl=1)
NOTE:
$5,000 Non-Refundable earnest money to be deposited by NOON of the following day or contract will be cancelled.
Realtors:
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.
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