$355,000

EXCEPTIONAL REDEVELOPMENT & INVESTMENT OPPORTUNITY IN PHOENIX! Unlock the potential of this unique property featuring a main residence, separate cottage, and swimming pool! Situated in a growing Phoenix area with strong rental demand, this property presents an exciting opportunity for investors, developers, or those looking to expand their real estate portfolio. With R-3 multifamily zoning, the possibilities are worth exploring! Surrounding properties include multifamily developments with up to six units, highlighting the area's investment potential. Whether you're considering additional rental units, redevelopment, or maximizing the existing improvements, this property offers plenty of possibilities. Buyers are encouraged to consult with the City of Phoenix Planning and Development Department to verify zoning, density allowances, and development requirements. Prime investment potential, multiple existing structures, and room to envision something more -- don't miss this opportunity to capitalize on Phoenix's continued growth!