Phoenix, AZ 85016
AVENEL PARK
$585,000
$369 / sf
Listing courtesy ofDeLex Realty — Jodi Wilcox · 602-910-3002
Located in the heart of Phoenix, this fully remodeled 3-bedroom, 2-bath home offers an exceptional opportunity for both investors and developers. Situated on a generously sized lot, the property provides significant potential for expansion, including the possibility of building multiple units--ideal for maximizing long-term value and cash flow. The home itself has been thoughtfully updated and is currently tenant-occupied, offering immediate rental income from day one. Whether you're looking to hold as a performing asset or redevelop, the flexibility here is a major advantage. Positioned in a rapidly growing area near Arcadia Lite and just minutes from Biltmore Fashion Park, you'll enjoy close proximity to some of the city's best dining, shopping, and entertainment. DEVELOPERS WELCOME!
1 story · Built 1944
Double Vanity · Eat-in Kitchen · Pantry · 3/4 Bath Master Bdrm · Laminate Counters · Vinyl flooring · Screens · Inside laundry
Dryer · Washer · Refrigerator · Built-in Microwave · Dishwasher · Disposal
None
Other · Block · Chain Link fencing · Wood fencing · Dirt Front · Dirt Back
Other heating · Central Air cooling
Carry cost at today’s rate, including taxes, insurance, and HOA.
$3,509
Estimate only · Insurance modeled at 0.35% of value annually · Verify all costs with your lender.