Transformative Potential with Outstanding Profit Margins

  • Asking $275,000
1614 South 5th Street, Phoenix, AZ 85004, USA


Property ID: toc-27746
  • Single Family Home
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 1457
  • sqft
  • 1950
  • Year Built


Seize the chance to own a unique investment property brimming with potential, strategically located for easy access to downtown Phoenix and its vibrant surroundings. This project, demanding total renovation, comprises a 1,025 sq. ft. main house and a 432 sq. ft. guest house on a sizable lot, complete with a pool. The main residence, currently a 1 bed and 1 bath home, offers the flexibility to be reconfigured into a two-bedroom retreat. Similarly, the guest house provides a cozy 1 bed and 1 bath layout. Together, they embody a rare opportunity not just for refurbishing, but for reimagining a space with vast potential. Listed at an enticing $275,000 with an After Repair Value (ARV) of $409,000, the profit margin is as expansive as your vision for its transformation.

Investor Highlights:

  • Competitive Pricing: Offered at $275,000, with an ARV of $409,000, underscoring significant profit potential.
  • Strategic Location: Proximity to downtown Phoenix enhances convenience and desirability.
  • Total Renovation Opportunity: A blank canvas across 1,457 sq. ft. of combined living space to design and significantly increase value.
  • Adaptable Layouts: The main house’s layout can easily transition from a 1-bedroom to a 2-bedroom configuration, with each residence having its own bath, enhancing functionality and appeal.
  • Outdoor Living: A pool and generous lot size present unique opportunities for creating luxurious outdoor spaces.
  • Enhanced Functionality: With distinct living spaces in the main and guest houses, investors can maximize the property’s versatility and appeal.


Transform this Phoenix property into a lucrative investment with exceptional profit potential. Ideal for those ready to craft a sought-after space. For a direct path to significant returns, contact Anette Brown at (602) 448-7377 to view or make an offer. 

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Updated on April 22, 2024 at 9:26 am
  • Property ID: toc-27746
  • Price: Asking $275,000
  • Property Size: 1457 sqft
  • Lot Size: 6335 sqft
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage: 1
  • Garage type: Covered carport
  • Year Built: 1950
  • Property Type: Single Family Home
  • Property Status: Sold
  • Address 1614 South 5th Street, Phoenix, AZ 85004, USA
  • City Phoenix
  • State/county Arizona
  • Zip/Postal Code 85004
  • Area Cope
  • Country United States

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