1637 E Roma Ave Phoenix, AZ 85016 Fixer-Upper For Sale

1637 E Roma Ave is now for sale. It’s never been on MLS and the owner lived there for 50 years! List price is $425,000. MLS number 6919177.

This 1939 FIXER-UPPER Cottage with a Santa Fe historic architectural influence is screaming to be restored to it’s extraordinary past & offers a HUGE PROFIT MARGIN!

Yes, she needs a lot of work but offers so many different options for multiple paths of profit margin scenarios.

Prime 85016 Location in Camelback East Village

Sitting in a PRIME LOCATION in 85016 Camelback East Village, this property sits on a HUGE, MULTI-FAMILY ZONED LOT & a very quiet street that’s ”not a through street.”

1637 E Roma Ave Property Info

The 1,640 square foot property includes a 578 square foot attached Mother-In-Law suite with two separate entries, its own address & separate electric meter & billing. This is in addition to the 2 bedrooms & 1 bath totaling 3 bedrooms and 2 baths.

Income Potential and Multi-Generational Compound

The 408 square foot detached, tandem garage would make the most magnificent guest house bringing the total livable square footage to 2,028 & a 4 bedrooms with 3 bathroom. This property has 2 separate rental income potentials & would make a terrific multi-generational compound. Plenty of room for a pool, RV & toys!

The homes in this popular subdivision, Montecito, are virtually all historic. Although it’s not a designated historic district, the feel is identical. The home’s historic features are just flat out cool!

It’s impossible not to notice the stunning bay window from the inside and out. Then there are the coved ceilings in the living room, walled archways, original phone nook & an original built-in ironing board.

The large formal dining room off the kitchen shows off the bay window where you can admire some mountain views while dining. The floorplan is very open & very functional.

This is an absolute PRIME LOCATION in the Madison School District! Close to the upscale Biltmore Shopping Center, Uptown Plaza, Arcadia night life, upscale restaurants, clubs, museums, Whole Foods, Sprouts, Natural Grocers, Trader Joe’s, Farmer’s Markets, Downtown Phoenix, Sky Harbor Airport & SO much more! Make sure to view this diamond in the rough and explore your profit margin potential!

Contact Listing Agent for 1637 E Roma Ave

Contact me, the listing agent, Laura Boyajian, at (602) 400-0008, or email me for private tour and more information. This one is hot!