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$625,000
1130 E PORTLAND Street
Phoenix, AZ 85006
MLS# 6646537



1130 E PORTLAND Street, Phoenix, AZ 85006
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1130 E PORTLAND Street, Phoenix, AZ 85006 1130 E PORTLAND Street, Phoenix, AZ 85006 1130 E PORTLAND Street, Phoenix, AZ 85006 1130 E PORTLAND Street, Phoenix, AZ 85006

Property Description
(2) Detached Houses, Built in 1926, Front House Renovated in 2022. (1) Three-Bed / Two-Bath House & (1) Two-Bed / Two-Bath House. Front House Extensively Renovated Through Interior & Exterior Upgrades Which Include New Flooring, Cabinets, Countertops, Bathroom Vanities & Tubs, Stainless Steel Appliances, Etc. Buildings Have Dedicated On-Site Parking. Located in the Garfield Historic District, Minutes From Downtown Phoenix & Phoenix Sky Harbor International Airport

Details
Maps
Contract Info
Current Price: $625,000
List Price: $625,000
Status: Active
List Date: 2024-01-04
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 1130
Compass: E
Street Name: PORTLAND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 2879
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 16 BLOCK 19 BRILLS ADDITION AMD MCR 000245
Subdivision: BRILLS ADDITION AMD
Assessor's Map #: 28
Assessor's Parcel #: 86
Add'l Parcels: No
Assessor Number: 116-28-086
Legal: LOT 16 BLOCK 19 BRILLS ADDITION AMD MCR 000245
Census Tract: 113203
Tax Municipality: Phoenix
Taxes: 891
Tax Year: 2023
Marketing Name: 1130 East Portland Street
General Property Description
Lot Size Dimensions: 9,500
Year Built: 1926
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: 2
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Geo Lat: 33.460293
Geo Lon: -112.057574
Status Change Info
Status Change Date: 2024-01-05
Legal Info
Township: 1N
Range: 3E
Section: 4
Block: 19
Lot Number: 16
Income & Expenses
Owner Association: No
Operating Exp: 891
Gross Annual Sch Inc: 45300
Other Income: 2700
Adjusted Gross Inc: 48000
Net Operating Income: 37059
Pmt & Rate Info
Cap Rate: 5.7
Down Payment %: 25
Monthly Payments: 3081
Equity: 650000
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1990
Avg SqFt: 880
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1850
Avg SqFt: 700
# Baths: 2
Property Features
Project Type: Duplex
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Amenities: No Pool
Appliances Included: BI Oven/Range
Heating: See Remarks
Cooling: Electric; See Remarks
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: See Remarks
Tenant Pays: Electric; Gas
Source of Fincl Data: Provided by Owner; Projected Proforma
Lockbox Type: None
New Financing: VA; FHA; Conventional
Reports/Disclosures: None
Environmental: None

Listing Office: ABI Multifamily

Last Updated: March - 11 - 2024

1130 E PORTLAND Street, Phoenix, AZ 85006 - MLS# 6646537

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