823 W Clay Avenue Flagstaff, AZ 86001

4 Beds
3 Baths
2,422 Sqft
13,504 Sqft lot
0.31 Acre lot
$799,000 Est. $2,842 / mo.*
Status: Active
Property Type: Single Family Residence
Year Built: 1935
Days on Website: 95

Courtesy of Coldwell Banker Northland.

Description

High density residential developer's dream in an ideal location in Old Town Flagstaff. Zoned HC, this property can conceptually fit up to 9 condos as full residential (Buyer to verify). Property is priced for the dirt, with numbers penciling very well 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

  • Paved
  • Winter Access
  • City
  • 3 bathrooms
  • 4 bedrooms
  • Approximately 2,422 square feet
  • Built in 1935
  • Multi-Level
  • Frame-Wood
  • Wood Siding
  • Crawl Space
  • City Water
  • Forced Air
  • None
  • $330 per square foot
  • List date: 2020-10-15
  • 38 cumulative days on market
  • Area: 150 - Flagstaff Old Town
  • County: Coconino
  • Lot size: 0.31
  • Terrain: Level
  • Vegetation density: Heavily Treed
  • Vegetation: Mixed
  • Zoned: HC
  • Asphalt Shingle
  • Taxes: $2,493
  • Tax year: 2020
  • City Sewer
  • Electric
  • Natural Gas
  • Telephone
  • TV Cable
  • Wood Frame