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718 E PORTLAND Street Phoenix, AZ 85006
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Key Details
Sold Price $500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Brills Addition Amd
MLS Listing ID 6242888
Sold Date 07/02/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1930
Annual Tax Amount $1,126
Tax Year 2020
Lot Dimensions NA
Property Description
INVESTMENT OPPORTUNITY! This Triplex has 1 bedroom and 1 bathroom on the East, 1 bedrooms and 1 bathroom on the West, and then a 1 bedroom and 1 bathroom house in the back. Features throughout include new electrical, tile flooring, neutral paint, and ceiling fans. The kitchens have stainless steel appliances, a gas range with hood, maple cabinetry, a dual sink, and plenty of cabinet space. Large bedrooms, updated bathrooms, and tons of natural lighting throughout! Fenced yard space that is perfect for relaxing or letting your fur friends run! Located in the heart of Downtown Phoenix close to many local eateries, the Japanese Friendship garden, the ASU Downtown Campus, the Children's Museum of Phoenix, the Arizona Science Center, the Phoenix Suns Arena, Chase Field, and more!... (cont.) Easy access throughout the Valley via the I-10 or AZ-51. Tenants are currently below market rent, are month-to-month, and potential rent is $700-$800/month for the 1 bedroom unit and $900-$1,000/month for the 2 bedroom unit! The unit next door 716 E Portland St (MLS #6242887) is also for sale and the owner would prefer to sell both properties together.
Location
State AZ
County Maricopa
Community Brills Addition Amd
Zoning R-4
Interior
Heating Natural Gas
Cooling Electric, Ceiling Fan(s)
Appliance Dishwasher, Disposal, Refrigerator, WD Hookup, BI OvenRange
Exterior
Garage 1 Space/Unit, Common
Community Features No Pool
Roof Type Composition
Total Parking Spaces 3
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-31-033-B
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
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