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3818 W Portland Street,  Phoenix, AZ 85009

$295,000
|
|
MLS# 5486152
Status: Active
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12/11/2016 1:38 AM
Property Description
OFfered at a geniuine 9.05% CAP rate, the Portland Casitas offer a great unit mix of 1/1, 2/1 and 3/2 rental units. Current ownership has completed numerous upgrades to the propertyincluding the installation of new roofs, the application of fresh stucco to the exteriors of all of the buildings and fresh exterior painting. The buildings have also received many new AC units and new water heater enclosures. The units are freestanding casitas with fenced front or back yards and plenty of parking. The property is 100% occupied- and several residents are long term tenants. All leases are month-to-month allowing a new owner the opportunity for immediate upside in rental income.
Listing Information for 3818 W Portland Street Phoenix, AZ 85009
Property Type: Multi-Family, Other
1946 Stucco, Block, Wood Frame
City
Public Sewer
6 Total
School Information for 3818 W Portland Street Phoenix, AZ 85009
School District: 005 - Isaac Elementary District
Room Information for 3818 W Portland Street Phoenix, AZ 85009
Interior Features for 3818 W Portland Street Phoenix, AZ 85009
Range-Oven, Refrigerator
Vinyl, Concrete, Carpet
Electric, Window/Wall Unit
Electric Heating
9
Unfurnished
Exterior / Lot Features for 3818 W Portland Street Phoenix, AZ 85009
Street Parking, Assigned Parking Space
Stucco
6460
Landscaped, Landscaped, Asphalt, Concrete Road
Community Features for 3818 W Portland Street Phoenix, AZ 85009
Driving Directions to 3818 W Portland Street Phoenix, AZ 85009
I-10 to 35th Avenue, south to Portland, West to property
Financial Considerations for 3818 W Portland Street Phoenix, AZ 85009
133.00
$394
2015
Other (See Remarks)
Listing Price History for MLS#: 5486152

Phoenix AZ Real Estate and Phoenix AZ Homes for Sale

Phoenix is located in the state of Arizona. The zip code of 85009 has a population of 1,462,368. The median age of people living in Phoenix, AZ 85009, is 32.2 years.

Click on the tabs below to see more details for the 85009 zip code in Phoenix, Arizona.

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Courtesy: Kasten Long Commercial Group
Information deemed reliable but not guaranteed. Copyright 2016 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
Information is deemed reliable but is not guaranteed.

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