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3130 N 37TH Street, Phoenix, Arizona

$750,000Active

Property Details

3130 N 37TH Street, Phoenix, Arizona 85018 - Three Pines Apartments is an 8 unit multi-family offering sitting on two (2) tax parcels which total 40,142 square feet- or 0.92 Acres. With this desirable Arcadia Lite / Citrus Acres location this offering represents a prime redevelopment opportunity. While there are 8 rental units on the property, the condition and functionality of the improvements may not qualify as a viable 'value-add' effort. The nearly 1 acre lot size with R-3 zoning may best be suited for redevelopment. Offered at a price of $18.68/sf the scraped lot would allow the developer a low enogh land cost basis to build contemporary townhomes or apartments able to compete for the growing demand for modern living space in this desirable Arcadia Lite neighborhood.

Amenities

  • Zip85018
  • CountyMaricopa
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeM-M, R-3
  • School districtPhoenix Union High School District
  • Year built1979
  • Lot sizeirreg
  • SewerSewer - Public
  • HeatingElectric
  • CoolingElectric Refrigeratd
  • ParkingStreet Parking
  • Tax amount$4,032.00
  • Office IDklcg01
  • Agent IDst280
  • Agent nameScott R Trevey
  • MLS® ID5612518

Broker: Kasten Long Commercial Group

Listing Courtesy of Kasten Long Commercial Group

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“No words that could ever convey my appreciation for your dedication to my child. Have spent the last three days moving the kids into their new home! We are all exhausted, but in a wonderful way. The first night Bela spent there he sent me a text that said “Out swimming in my own pool. Victory!” As parents I’m sure both of you can understand the joy that filled my heart with that text. The first house Bela’s dad and I ever bought was 3 bdrm/1 bath/900sq ft/ and I raised three kids there!!! The “Bales” (as we call them) are starting out at almost 2400 sq feet with a mother in law suite and 3 other bedrooms and bathrooms! Crazy, but wonderful. There are just no words that could ever convey my appreciation for your dedication to my child. (and the crazy redhead)? Tired, exhausted, and sore, but loving you all the while. And I know I speak for everyone. Can’t wait for the housewarming!!! YOU GUYS ROCK!!!!!”

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