1450 East Garfield St - an unprecedented investment opportunity in the Garfield Historic District of Downtown Phoenix

Yours for only $40,000!

The magic number for this home is 1916. That's the year it was built. Phoenix is a town without a past, so a home this old, properly restored, is worth a premium price.

Right now it doesn't look like much, but lovingly-restored homes in the Garfield Historic District are selling for $200,000 to $225,000.

To get to that price, you'll have to add some square footage, but you've got a lot of lot to build on - 6,875sf. There's room in front for a new master suite with a more-appealing facade, and there's more room in back for a garage -- or even a pool.

The property is zoned R-4, so it's possible you could add one or more structures to the land to create a multi-family property. Or, if you want to express a vision all your own, you can appeal for permission to tear the existing structure down.

We have no illusions about this property. It's going to need a lot of work. The buyer will need a pocketful of cash or a hard-money loan. But the price is beyond belief...

If you've been waiting for the ideal opportunity downtown, this is it. This home is surrounded by bus transportation, and it's only a short walk to the light rail line. The I-10 freeway is right around the corner, and the new ASU medical campus is growing up on the outskirts the neighborhood. The house wants money and sweat, but the upside is huge...

For $40,000, this is just too good a deal to pass up. Let's figure out how you can take advantage of this opportunity: Call Greg Swann at 602-740-7531 right now.