Phoenix, AZ 85009
CAPITOL ADDITION
$239,000
Listing courtesy ofCompass — Zachary Coty · 480-776-1555
Fix & Flip | Income-Producing Property | Development Opportunity 2BD/1BA single-family home currently generating $1,500/month and a studio generation $950/month in rental income. The property is zoned R-3 Multifamily Medium Density, offering potential for an ADU or future development of 2-4 units, subject to zoning and city approval. Owner is also selling adjacent property. See listing. Buyer to independently verify all facts, figures, zoning, development potential, and property information. Drive-by only. Please do not disturb the tenants.
1 story · Built 1921
See Remarks laundry
None
Other · Other fencing · None
See Remarks heating · See Remarks cooling
Carry cost at today’s rate, including taxes, insurance, and HOA.
$1,405
Estimate only · Insurance modeled at 0.35% of value annually · Verify all costs with your lender.