Do not Disturb Tenants. This is in the Opportunity Zone. Here is the chance to own in the Melrose Disctirct. This is a Value ADD, FIX-UP Property. The DUPLEX is a COMPLETE teardown and the Seller is currently demolishing the Duplex-This shoulld be completed by 9/1/2020. Seller has plans and drawings which convey. No interior viewings until we have an accepted contract. See Document Tab for Rent Roll and other information Buyer to verify all fact and figures.
Video (Architect) for Duplex to be built
Here is the architect’s video that the drawings and plans have been specified to.
Though not officially designated until the late 1990s, Melrose on 7th refers specifically to the Central Phoenix stretch of 7th Avenue that travels through the historic Woodlea Melrose residential neighborhood, roughly between Indian School Road to the south, and Camelback Road to the north. Though pockets of residential and commercial development beyond those specific borders have adjoined the Melrose on 7th fold in recent years — in particular, businesses along 7th Avenue as far north as Missouri Avenue — that general 1-mile stretch of roadway essentially encapsulates the epicenter of this distinctive, linear Central Phoenix district.
Melrose on 7th contains a patchwork of residential and commercial infrastructure, some of which dates as far back as the 1940s. Though always an established neighborhood, it wasn’t until the past decade that the area truly began to solidify into the vibrant one it is — and is still becoming — today. Besides its quaint collections of single-family, post-war residences weaved throughout, Melrose on 7th has largely become known as a citywide epicenter for all things secondhand. From retro duds to mid-century furnishings and home accessories, the district has made a name for itself as a one-stop shopping destination for all things vintage.