Phoenix, AZ 85008
MATTHEWS TRACT
$499,000
$624 / sf
Listing courtesy ofWindermere Real Estate & Property Management — Bruce Swift · 602-319-5363
Do NOT disturb tenants, drive-by Only! GREAT investment opportunity!! RARE!! ATTENTION INVESTORS AND BUILDERS. Small rental home on this amazing RARE LARGE parcel size of 17,000sf!! Zoning is R1-6, so each lot (without a variance) needs a minimum of 6,000sf per lot, but many lots in the area are less than 6,000sf. No variance needed if you split the site into two lots and you could build one home on the South lot and keep the small home on the North lot as rental income ($1,500/mo) until you are ready to tear it down and build a new home. Phoenix zoning now allows ADUs (Additional Dwelling Units). Many new homes are being built in the immediate area, and this is a RARE parcel size!! See photos with potential development ideas. Check with city to verify all info. Do NOT walk the lot!! Thx Location is perfect, easy access to the 202 & 51 and minutes from Downtown Phoenix! No HOA. Hot Area with many new homes being built!
1 story · Built 1950
Eat-in Kitchen · Carpet flooring · Vinyl flooring · Tile flooring · Gas Dryer Hookup laundry · Wshr/Dry HookUp Only laundry
Refrigerator · Electric Oven
Balcony · None
Mountain(s) view
Wood Siding · Wood Frame · Painted · Block fencing · Partial fencing · None
Mini Split heating · Mini Split cooling
Carry cost at today’s rate, including taxes, insurance, and HOA.
$2,863
Estimate only · Insurance modeled at 0.35% of value annually · Verify all costs with your lender.