$799,000 Est.$2,842 / mo.*

823 W Clay Avenue Flagstaff , AZ 86001

Courtesy of Coldwell Banker Northland.

Description

4 Beds
3 Baths
2,422 Sqft
13,389 Sqft lot
0.31 Acre lot
Status: Active
Property Type: Single Family - Detached
Year Built: 1935
Neighborhood: Riordan Add
Days on Website: 129
High density residential developer's dream in an ideal location in Old Town Flagstaff. Zoned HC, this property can conceptually fit up to 15 multi-level units. Property is priced for the dirt, with numbers penciling nicely for similar high density builds that are dotting the landscape. Existing structure conveys in as-is condition, with no assigned value. As this corridor continues to develop and the demand for housing rising rapidly, the opportunity is ripe to capture the upward trend. With the Standard student housing facility two blocks away and the dirt cleared on the 3 acres a half a block away for future development, coupled with limited supply of adequate infill parcels, this one demands a very close look with pen and paper.

Property Details and Features

Contact an Agent

Melinda Lieber

(928)-774-0066 (928) 821-6333