1030 E Polk St, Phoenix, AZ 85006

Quaint vintage enclave of 5 houses dating back to the early 1900s surrounding a central courtyard steps from downtown Phoenix in the Garfield Historic District. One of the original cottages, 410 N. 11th St burned in 2014 and a newly built home replicating the architectural detail under the guidance of Historic Preservation was completed in 2016 (680 sf). Owner has had offers to rent for $1100 but thought it best to let the new buyer choose a tenant. At 1030-32 E Polk St (1350 sf) is an Arts and Crafts bungalow duplex that needs complete renovation, is being sold AS IS. This duplex recently vacated by a long-term tenant owner inherited after 50 years as a resident. It consists of a 3-bd and a 1-bd. Projected rents once renovated to be $950 and $775. 1026 E. Polk (1012 sf) is a 2-bd house w/basement beautifully renovated and rents for $972. North of 1026 is a unique-style duplex (approx 1000 sf) one unit down and one unit up. Both under leases at $700 and $725. 412 N. 11th St (502 sf) is a renovated 1-bd house with long-term tenant and rents for $637. Rent is low because of longevity of tenancy. Long-term owners would prefer a carry-back for a short term w/ 20-25% down to a qualified buyer.