$1,699,000

5611 E CAMELBACK RD

Phoenix, Arizona 85018

5611 E CAMELBACK RD

Property Description

2+ acre parcel located in prestigious Arcadia with views of Camelback perfect for an estate size home with a large yard, guest house, entertainment area, or just to enjoy spacious setbacks. The property is currently zoned R-35 and splitting it into 2 parcels parallel to 56th would be conforming to the governing neighborhood administration. This land listing is very unique having 4 rental homes on it that enable the owner to collect up to $3,200 a month in rent to cover the est.11K in yearly property taxes & provide for a modest return on investment during the holding period until construction begins. In addition to all the options for optimizing the use of this rare parcel, the owner is offering alternatives for financing. Please see supplemental remarks for details.

Brokered And Advertised By: PEM Premier Properties
Listing Agent: Paul Mashni

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URL for this listing: http://www.realestatebook.com/homes/listing/106-4284106/5611-E-CAMELBACK-RD-Phoenix-AZ-85018/

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This property located at 5611 E CAMELBACK RD is currently for sale.  5611 E CAMELBACK RD is in the 85018 ZIP code in Phoenix, Arizona. This property is listed by Paul Mashni for $1,699,000. .