This 3-bed, 2-bath single-family home in Phoenix's North Mountain neighborhood has potential for a flip, but requires careful consideration. Built in 1977, it's priced at $300,000 ($201/sqft), which is below the neighborhood's median listing price of $399,947. The property features a remodeled kitchen, swimming pool, and 2-car garage, but needs some TLC.
Given the property's condition and the local market trends, a moderate renovation focusing on modernizing key areas could yield a good return. Consider updating the bathrooms, improving curb appeal, and addressing any deferred maintenance. However, be cautious of overcapitalizing, as the median price per square foot in the area is $235-$258, limiting your potential profit margin.