3638 12Th St Phoenix, AZ 85040

This exceptional investment opportunity presents a 14-unit apartment building located at 3638 S 12th St, Phoenix, AZ 85040, in Maricopa County. The property boasts a substantial 35,882 square feet of net rentable space, spread across two stories. Currently configured as an apartment building, full project plans are available for redevelopment into a 14-unit townhouse complex, capitalizing on its R4 zoning designation. The asking price is $1,200,000, translating to an attractive price per square foot of $33.44. Each unit benefits from a unique design incorporating a street-level garage, providing convenient parking and maximizing the two-story living space above. This property is situated within an Opportunity Zone, presenting significant tax advantages for qualified investors. The building's prime location in Phoenix offers excellent access to local amenities and transportation networks, making it an ideal investment for both short-term and long-term growth. Detailed financial information and project plans are available upon request. This is a rare chance to acquire a well-positioned multifamily property with significant redevelopment potential in a thriving Arizona market. Don't miss this opportunity to secure a strong return on investment.