502 W SOUTHERN Avenue, Phoenix, AZ 85041

Phoenix, AZ 85041

$589,000

  • 3 Beds
  • 1 Baths
  • 1,413 Sq Ft
  • MLS #7046642

Listing courtesy of eXp Realty

Rare opportunity to own a well-maintained home on more than 22,000 square feet of R5-zoned land in the heart of Phoenix. This 3-bedroom, 1-bath home offers over 1,400 square feet of living space, a new roof, and a newer HVAC system installed approximately one year ago.
The oversized lot and R5 zoning create opportunities seldom found in the area. R5 zoning allows for high-density residential development and certain restricted commercial uses, making the property attractive for future multifamily development, live/work opportunities, office uses, or long-term investment potential. Buyers are encouraged to verify development standards, density allowances, and permitted uses with the City of Phoenix.
The property may appeal to homeowners seeking additional space, investors, developers...

Listing information provided courtesy of Arizona Regional Multiple Listing Service (ARMLS).

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.