1509 W Lamar Rd Phoenix AZ 85015


1509 W Lamar Rd, Phoenix, AZ 85015droppable-1549477203498

85015 Opportunity with – Over 100k Margin!!!

This moneymaker sits in the prime central corridor area and features: 4 bedroom, 2 baths, a bonus storage room (under roof, ventilated and an additional 80 sq. ft.), a 2 vehicle car port, and a portion of the patio has been enclosed (250 sq. ft.), with access to the kitchen!
In order to achieve the full ARV you will need to renovate the home and convert the enclosed patio and storage room into livable square footage. Doing so will bring the home up to 1,828 sq. ft.! Renovated homes in the area have been fetching around $195/sq. ft.
1517 Lamar proved that there is demand for bigger homes in the area! In addition to converting the patio and storage unit you could add 300 sq. ft. to the master, bringing the home to 2,128 sq. ft. and significantly increasing your ARV over 400k!!!
Post-Possession: 02/28/2019

Estimated Resale Value: $ 350,000

Owner Occupied – Please Do Not Disturb

Property Features
  • House
  • 4 bed
  • 2 bath
  • Land is 9,344 sqft
  • Floor Area is 1,498 sqft

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