1117 E GARFIELD Street Phoenix, AZ $ 549,000
1117 E GARFIELD Street
$ 549,000
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1117 E GARFIELD Street

Phoenix, AZ, 85006
$ 549,000
Baths0.0

Monthly Estimate*

$ 3,835

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $549,000. This home was built in 1926.

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!

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Multi-Family Active

Price

$ 549,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,371

Style

Multiple Dwellings

Year Built

1926

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6684042

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central A/C Electric
Roof Composition
Zoning R-3
Construction Materials Painted Stucco Frame - Wood
Year Built 1926
Electric APS Individual Meter
Tenant Pays Electricity
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 30495.0
Community Features No Pool
County Maricopa
Net Operating Income 27069.0
Operating Expense 5031.0
Insurance Expense 1400.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name SUNNY SIDE TRACT
Garage Y/N N
Status Active
Directions 7TH St Roosevelt Directions: East on Roosevelt South on 11th East on Garfield.
High School North High School
City Phoenix
Buyer Agent Compensation 2.50
Disclosures None Seller Prop Disc Stm
View Y/N N
High School District Phoenix Union High School District
Open Parking Spaces 6.0
Total Units 2
Lot Size Square Feet 0.0
Carport Y/N N
Street Name GARFIELD
Elementary School Garfield School
Tax Annual Amount 2371.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Garfield School
Trash Expense 0.0
Water Sewer Expense 1260.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 29
Standard Status Active
Occupancy Description Tenant
Elementary School District Phoenix Elementary District
Tax Lot 38
Cap Rate 4.93
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
New Financing True
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Other (See Remarks) Add'l Parking Avail >1 Space Per Unit 1 Space/Unit
Water Source City Franchise
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 2
Spa N
Lot Dimensions 6875
Lot Size Acres 0.0
Road Surface Type Asphalt Sidewalk(s)
Covered Spaces 2.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1117
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* Excluded Features
List By
Realty Executives

Broker

bethhynes86@gmail.com

Email

Affordability Calculator

$4,033
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,835
Monthly Property Taxes
$198
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4327267 Elementary School
4327047 Middle School
North High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$549,000 -1.95% Price Down
3/29/2024$559,900 Listed Price

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1117 E GARFIELD Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $549,000. 1117 E GARFIELD Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 85006 which is in Phoenix, AZ