Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014,1002 E FAIRMOUNT Avenue
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$745,000
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1002 E FAIRMOUNT Avenue Phoenix, AZ 85014

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UPDATED:

02/28/2025 10:30 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Kay Tract

MLS Listing ID 6822102

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1930

Annual Tax Amount $2,146

Tax Year 2024

Lot Dimensions 17464

Property Description

Seller financing is available with a minimum 20% down payment & 4% Interest Rate .

This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance.

In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club

Location

State AZ

County Maricopa

Community Kay Tract

Zoning R-3

Interior

Heating Electric

Cooling Ceiling Fan(s), Electric

Flooring Ceramic Tile, Concrete

Appliance BI Oven/Range

Exterior

Parking Features Add'l Parking Avail, 1 Space/Unit, Street Parking

Community Features No Pool

Roof Type Composition

Total Parking Spaces 4

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 118-03-035

Acceptable Financing Conventional, Owner May Carry

Listing Terms Conventional, Owner May Carry


Arizona Regional MLS (ARMLS)
Listed by ABI Multifamily

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agent

Alexander Prewitt

Team Leader | License ID: SA641140000

+1(520) 237-8411

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1002 E FAIRMOUNT Avenue