House for sale

Flagstaff AZ 86004

Overview

Discover a rare opportunity with this trio of properties (sale includes parcel numbers 10910051, 10910050, 10910049) each boasting a coveted high-density residential zoning status. Comprising three older homes and three mobile homes, this ensemble presents a canvas for visionary investors. The city has indicated the potential for a 12 - 14 unit apartment building on the premises, offering an exciting prospect for those seeking a strategic investment. Buyer to verify. Positioned in an area of high demand and with zoning that allows for significant development. Whether you aspire to embark on a revitalization project or prefer to maintain the current tenancy, the possibilities are as vast as the potential returns. Currently, the properties are fully leased, ensuring immediate income. Seller intends to enter into a tax-deferred exchange.

Details

  • Price: $1,700,000
  • Reference No.: 69319817

Location

Flagstaff AZ 86004

House for sale

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2024-03-14, Viewed 8 times.