OPPORTUNITY KNOCKS!!! A great project with lots of upside! Right now, the property has been approved and has plans for an addition to the original house. First inspection passed already but Seller is involved in another project and wants this jewel sold. There are many ways you can take this deal. Property is zoned multi-family already. 1. Finish house and market at top dollar with a huge half-acre lot. 2. Property is zoned multi-family with a nod from the city for up to to 16 units (stacked with tuck-under parking) three stories high. If you decide to maximize your investment, you'd have to demolish the house that's currently permitted for the addition. However, you can finish the house with about 80k-100k and get top dollar or add more units. Please see attachment for possible scenario
810 E Alice Avenue Phoenix, Az 85020 is a courtesy listing of Delex Realty MLS# 6443765.
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