North Central Phoenix Fix and Flip

721 E Palmaire Ave, Phoenix, AZ 85020, USA

Sold

$246,000

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Property ID :

 Palmaire

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Bedrooms

2

Bathrooms

2

Area

1472

Description

Great fix and flip opportunity in a fantastic North Central Phoenix neighborhood, most of which has undergone significant updating.  A drive down Palmaire Ave and thru the beautiful Palm Heights neighborhood reveals many new large homes ranging all the way up to the nearly $800k mark!  Incredible potential in this one owner/architect designed and built home on a larger lot. Spacious existing floorplan with atrium and vaulted ceilings can be brought back to its original glory for a like new home in the $400k range OR with an addition can be expanded to upwards of 3,000 sf if so desired and sell in the $700-$800k range.  Endless possibilities at a steal of a price.

Call Text or E-mail Andrew 602-734-1404 for lock box code

Recent sale comps w/out addition:

6736 N 11th St, 1733 sf, COE 4/1/19 – $449k
1043 E Northview Ave, 1288 sf, COE 3/29/19 – $420k
1120 E Northview Ave, 1288 sf, COE 3/5/2019 – $445k
1110 E Palmaire Ave, 1700 sf, pending sale – $475k
1108 E Northview Ave, 1532 sf, active listing – $450k

OTHER Neighborhood comps, addition play

713 E Myrtle Ave, 2636 sf, COE 4/1/2019 – $590k
915 E Myrtle Ave, 3267 sf, COE 7/30/2018 – $740k
819 E Myrtle Ave, 2807 sf, pending sale – $667.5k
821 E Palmaire Ave, 2906 sf, active listing – $675k
1034 E Palmaire Ave, 2225 sf, pending sale – $580k

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