$725,000
Phoenix, AZ 85006
MLS# 6646536
1 / 14
Property Description
1122 E Portland St has two individual houses on one lot. The front house is currently vacant and the back house has a lease coming due early 2024. There are two homes on one lot and offers thoughtfully designed, 3 Bedroom / 2 Bathroom stand alone houses. Each house features an open concept living room and kitchen, with brand new white shaker cabinetry, vinyl flooring, stainless steel appliance packages, modern doors, hardware, quartz countertops, backsplash and more. Both the Single Family Home and casita feature a full-size washer and dryer. The front house welcomes guests with a large covered patio and beautiful desert landscaping with new exterior ground lights and ample private parking.
Details
Maps
Contract Info
Current Price: $725,000
List Price: $725,000
Status: Active
List Date: 2024-01-04
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 1122
Compass: E
Street Name: PORTLAND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 2762
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 18 BLOCK 19 BRILLS ADDITION AMD MCR 000245
Subdivision: BRILLS ADDITION AMD
Assessor's Map #: 28
Assessor's Parcel #: 88
Add'l Parcels: No
Assessor Number: 116-28-088
Legal: LOT 18 BLOCK 19 BRILLS ADDITION AMD MCR 000245
Census Tract: 113203
Tax Municipality: Phoenix
Taxes: 986
Tax Year: 2023
Marketing Name: 1122 East Portland Street
General Property Description
Lot Size Dimensions: 9,500
Year Built: 1927
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: -112.057902
Status Change Info
Status Change Date: 2024-01-05
Legal Info
Township: 1N
Range: 3E
Section: 4
Block: 19
Lot Number: 18
Income & Expenses
Owner Association: No
Operating Exp: 986
Gross Annual Sch Inc: 56095
Other Income: 3300
Adjusted Gross Inc: 59395
Net Operating Income: 47423
Pmt & Rate Info
Cap Rate: 6.32
Down Payment %: 25
Monthly Payments: 3648
Equity: 750000
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2350
Avg SqFt: 1050
# Baths: 2
Property Features
Project Type: Duplex
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: No Pool
Appliances Included: BI Oven/Range
Heating: Natural Gas
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: 1 Space/Unit
Roads/Streets: Asphalt; Private Street
Owner Pays: See Remarks
Tenant Pays: Electric; Gas
Source of Fincl Data: Provided by Owner; Projected Proforma
Lockbox Type: See Private Remarks
New Financing: VA; FHA; Conventional
Reports/Disclosures: None
Environmental: None
Listing Office: ABI Multifamily
Last Updated: March - 11 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.