Investor's Dream—or Extreme Makeover Project?Step right up and feast your eyes on this one-of-a-kind investment opportunity in Phoenix! Built in 1940, this historic gem in the Melrose District has made headline news—literally. We're not saying it's famous, but let's just say the newspapers have had some things to say.Sitting on an enormous lot (seriously, good luck finding one like this again), this home has charm, character, and a serious need for a makeover.Out back, there's a detached 1-car garage currently serving as a storage space but has endless possibilities! Craft room? Workshop? Secret lair? You decide. And the massive backyard is packed with mature shade trees, perfect for that jungle aesthetic—or clearing out for your dream oasis.Now, let's talk potential. This home might need a total rebuild, but hey, that just means you can really make it your own! The good news? A brand-new AC unit and roof! The even better news? With all this land, there's space to build an Accessory Dwelling Unit (ADU) think guest house, rental income, or a spot for your in-laws (so they can visit but not too close).And did we mention? No nosy backyard neighbors it backs up to the Grand Canal, so the only ones watching you are the ducks.This house just needs a little love. Are you ready for the challenge? Come check it out