Excellent investment opportunity in a centrally located Phoenix neighborhood. This property sits on approx 13,000 sq ft, offering the potential to split the lot (buyer to verify with the City of Phoenix). The seller has already completed preliminary work, including plans, survey, and structural engineering for a proposed 4-bed single-family home. The existing residence is an 8-bed, 5-bath home, completed in 2023 with modern finishes, including quartz countertops, shaker-style cabinetry, vinyl flooring, and LED lighting. The home features two full kitchens, making it ideal for a group home or multi-generational living. Currently leased month-to-month at $6,000 per month, the tenant would like to remain and is willing to renew, providing immediate income potential for an investor.
Listed By
Agency Name: Realty ONE Group
Agency Phone: 480-285-0000
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 3,428.41 per month $2,668.45 Principal & Interest $410.25 Property Tax $349.71 Homeowner's Insurance
2545 N 29th Place | MLS# 6984908
This single family home located at 2545 N 29th Place, Phoenix, AZ 85008 is currently listed for sale with an asking price of $1,199,000. This property was built in 1991 and has 7 bedrooms with 4176 sq. ft. N 29th Place is located in the EAST THOMAS ROAD TRACT 2 subdivision within the Phoenix Union High School District school district. Search EAST THOMAS ROAD TRACT 2 real estate on www.arizonabest.com today.