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716 E PORTLAND Street Phoenix, AZ 85006
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Key Details
Sold Price $600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Brills Addition Amd
MLS Listing ID 6242887
Sold Date 07/02/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1955
Annual Tax Amount $1,672
Tax Year 2020
Lot Dimensions NA
Property Description
This Fourplex makes a GREAT INVESTMENT! Two units have 1 bedroom and 1 bathroom, while the other two units have 2 bedrooms and 1 bathroom. Features throughout include laundry, covered parking spaces with a shared driveway, copper piping, a patio. The kitchens have a refrigerator, freestanding oven/range, and plenty of cabinet space. There is a large, fenced yard 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 718 E Portland St (MLS #6242888) 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
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup
Exterior
Parking Features >1 Space Per Unit, Common
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-31-033-A
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
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