$535,000
2 Beds
2 Bath
1,238 sqft
1932
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Description
Supplements: lot, the property includes a large 540-sq-ft detached, permitted garage featuring finished bonus space with a bedroom, bathroom, closet, and washer/dryer hookupsoffering excellent potential for future ADU or guest-house conversion. Recent changes under Arizona's middle housing legislation allow for more flexible zoning and permitting, creating exciting possibilities for expansion, multi-generational living, or rental income (buyer to verify). Additionally, the home is eligible for City of Phoenix historic exterior grant funding and potential property tax reductions, adding long-term value for the right owner. The property is being sold as-is and will require work, making it a perfect fit for investors, builders, or owner-occupants looking to customize and add value while preserving historic charm. Enjoy unbeatable proximity to Downtown Phoenix, Roosevelt Row, Midtown, and the Melrose District, with easy access to local dining, coffee shops, parks, museums, and major freeways. Coronado's tree-lined streets, historic homes, and strong community appeal continue to drive demand and appreciation. A rare opportunity to own a piece of Phoenix history with significant upside in one of the city's most popular historic districts.