823 W Clay Avenue, Flagstaff, AZ
Multi-family for Sale - $799,000 - 0.31 acres
Property Info
CIMLS# | 1087022 |
Location 823 W Clay Avenue Flagstaff AZ 86001 | |
Updated | January 12th, 2021 |
Type | Multi-family |
Price | $799,000 |
Land | 0.31 acres |
Property Description
High density residential developer's dream in an ideal location in Old Town Flagstaff. Zoned HC and out of the floodway, this property can conceptually fit up to 9 condos as full residential and conceptually add another 4-5 units with the combination of the adjacent parcel at 813 W. Clay MLS# 183877 also listed. Property (s) 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 infill housing rising rapidly, the opportunity is ripe to capture the upward trend.