Wholesaling House

Multiple Wholesalers Property Listings

744 E South Mountain Ave, Phoenix AZ 85042

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

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
Equity Connect Wholesale Properties Andy Brannick (602) 717-6656 abrannick@equityconnect.com 4002 N Miller Rd C200 Scottsdale AZ 85250

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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