502 W Southern Avenue, Phoenix, AZ 85041

$599,000
  • 502 W Southern Avenue, Phoenix, AZ 85041 Main Photo

22 Total Photos [Click to View All]

New to the Market Active
BEDS3 BATHS SQUARE FEET1,413 MLS#7046642
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONn-a SCHOOLPhoenix Union High School District

Property Description

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... ...contractors, landscapers, and small business owners. According to the owner, the property previously operated as a dentist office, further demonstrating the flexibility and potential uses of the site.Ideally located near the Central Avenue light rail corridor, downtown Phoenix, and Sky Harbor Airport, the property offers convenient access to major employment centers, transportation, dining, shopping, and entertainment.Whether you are looking for a home, a business opportunity, a live/work property, or future development potential, this unique property offers possibilities rarely found in todays market. Opportunities like this do not come along often, and buyers are encouraged to explore the many possibilities this property provides.

502 W Southern Avenue | MLS# 7046642

This single family home located at 502 W Southern Avenue, Phoenix, AZ 85041 is currently listed for sale with an asking price of $599,000. This property was built in 1934 and has 3 bedrooms with 1413 sq. ft. W Southern Avenue is located in the n-a subdivision within the Phoenix Union High School District school district. Search N-a real estate on www.cindynelsonazrealtor.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Heating: Heat Pump
Lot Size: 0.52 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,340
Year Built: 1934

Feature Descriptions

Assoc. Fee Includes: No Fees
Exterior: Wood Frame, Slump Block, Painted, Stucco
Flooring: Vinyl, Tile
Interior: Eat-in Kitchen, Granite Counters
Laundry: Other
Parking: RV Gated
Property Sub Type: Single Family Residence
Water: Public

Local Schools

High School: Cesar Chavez High School
Middle School: Sunland Elementary School
Elementary School: Sunland Elementary School
School District: Phoenix Union High School District

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-897-7821

Shown By

Agency Title: Cindy Nelson - Realty One Group
Agency Phone: 480-535-0060

IDX logo

Estimate Your Payment

Estimated Payment

$ 3,883.16 per month $3,596.78 Principal & Interest $111.67 Property Tax $174.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel