1117 E Garfield Street, Phoenix, AZ 85006

$549,000
List Price
$549,000
Status
ACTIVE
Price Change
▼ $10,900 1713940597
Days on Market
60
MLS#
6684042
City
Phoenix
Year Built
1926

Property Description

Beautifully maintained Duplex in the heart of the Garfield Historic Neighborhood and one of Downtown Phoenix's most desirable zip codes! Property includes two separate homes with well-manicured black mulch and gravel front common areas, homes do not share walls! Property has been meticulously and continually updated over the past five years. Each home features completely updated kitchens with stainless steel appliances, separate laundry areas with full size Whirlpool washers & dryers. New 2023 asphalt roof and gorgeous new 20 mm vinyl flooring in unit 1117. Both units feature vaulted ceilings in the bedrooms, new LED lighting, all new ceiling fans, stylish color pallets and unique design features such as wood accent walls and stone backsplashes. Great natural light in each unit through large windows and adjustable blinds. Front garden bed offers beautiful, drought tolerant cacti and palms, watered weekly with timed irrigation system. Gravel parking in front fits a half dozen cars or more, along with ample street parking. No HOA! Property is zoned R3 residential, city has confirmed development of additional unit is possible at any time. Units are leased to June 30th and July 31st respectively. Property is steps away from fun events on Roosevelt Row, restaurants like Welcome Diner, Gallo Blanco and only 1.5 miles from Chase Field, Fry's Grocery, EoS Gym and CityScape. Sale includes all appliances, spacious shed built in 2020, a new two car carport built in 2023. Both units are currently occupied, please do not disturb tenants!

Additional Information

Taxes
$2,371
Net Operating Income
$27,069
Cap Rate
4.93
Units
2
Flooring
Ceramic Tile
Parking Features
Other (See Remarks), Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
Construction
Painted, Stucco, Frame - Wood
Roofing
Composition
Cooling
Central A/C, Electric
Heating
Natural Gas
Zoning
R-3
Subdivision
Sunny Side Tract
Community Features
No Pool
Electric
APS, Individual Meter
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
Conventional, FHA, VA Loan
Elementary School
Garfield School
Middle School
Garfield School
High School
North High School
School District
Phoenix Union High School District

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty Executives.

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