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330 N 18th Ave

Phoenix AZ 85007

3
2
5
Other
Currently for sale - view listing

Overview

Fantastic Development Opportunity in The Oakland Historic District. The property features a front duplex that has suffered fire damage but comes with an overlay permitting a total of 5 units. The plan includes constructing new studios or 1-bedroom units at the rear of the property.Our estimated rent analysis suggests a potential monthly income exceeding $6,000 from these 5 units. Anticipated construction costs may vary depending on chosen finishes. Considering the projected income and a 15% load, this investment has the potential to be valued between $1 million to $1.2 million upon completion.

Features

3 bedrooms
2 bathrooms
5 carspaces
Other

Property history for 330 N 18th Ave

2021
Sold
$175,000
03 Dec 2021 by Morgan Venetos, of My Home Group Real Estate
2020
Sold
$325,000
13 Jan 2020 by Brian Gaffney, of S. J. Fowler Real Estate, Inc.
2019
Sold
$170,000
10 Dec 2019 by Melody Peterson, of My Home Group Real Estate

Happy sellers in Phoenix

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