777 W Coolidge St., Phoenix, AZ 85013

Rare 1 Acre corner lot in the extremely hot Melrose neighborhood. Lot is zoned currently zoned R3 and perfect for large scale multi-family development, especially with having frontage to 3 different streets. Current city zoning allows for 22 unit lot density. The sky is the limit here with this opportunity! Property currently has a 3-Plex and single family home on it, all are currently occupied by long term, month-to-month renters, totaling $2,600/mo. (House - $800, 1st Floor Units (2): $650 each, 2nd Floor Unit: $500). DO NOT DISTURB CURRENT TENANTS.