Phoenix Homes with 1031 Exchange New Financing

Phoenix Homes with 1031 Exchange New Financing

Phoenix, Arizona, is a vibrant city located in Maricopa County. Known for its warm climate and stunning desert landscapes, Phoenix offers a unique blend of urban living and natural beauty. With a population of over 1.6 million people, it is the fifth-largest city in the United States.

One of the key aspects of the real estate market in Phoenix is the availability of homes with 1031 Exchange New Financing. This financing option allows investors to defer capital gains taxes by reinvesting the proceeds from the sale of an investment property into a new property. In Phoenix, this option is true, making it an attractive destination for real estate investors.

The city offers a wide range of housing options to suit different preferences and budgets. From modern downtown apartments to spacious suburban homes, Phoenix has something for everyone. The real estate market in Phoenix has been steadily growing, with home values appreciating over the years. This makes it an ideal time for buyers and investors to explore the opportunities available in the city.

In addition to its real estate offerings, Phoenix boasts a thriving job market, excellent educational institutions, and a vibrant cultural scene. The city is home to numerous museums, art galleries, and theaters, providing residents with endless entertainment options.

With its sunny weather, diverse communities, and thriving economy, Phoenix continues to attract individuals and families looking to make it their home. Whether you're a first-time homebuyer or an experienced investor, Phoenix offers a wealth of opportunities in the real estate market.

Newest Phoenix Homes with 1031 Exchange New Financing

718 W Portland Street, Phoenix
$755,000
3 Beds ⋅ 2 Baths ⋅ 7105365 MLS ⋅ 1,664 SqFt.
A rare opportunity to own a piece of Phoenix history! Welcome to the beautifully preserved Hugh & Catherine Harries House, an iconic 1925 residence nestled on one of the most picturesque streets in the highly sought-after F.Q. Story Historic District. From its inviting front porch to its timeless architectural details, this home makes an unforgettable first impression. Inside, you'll find gorgeous original hardwood floors, classic picture railings, a stately fireplace with brick mantel, and charming built-in bookcases that give the living spaces warmth and character. Large picture windows fill the home with natural light, highlighting the craftsmanship and historic charm throughout. The thoughtfully designed floor plan offers 3 bedrooms, 2 bathrooms, and a spacious formal dining room complete with a beautiful built-in hutch--perfect for hosting and entertaining. The recently remodeled galley kitchen blends character with modern functionality, featuring stunning stained-glass cabinet doors, abundant counter space, and an induction cooktop. The primary bedroom also offers a rare neighborhood bonus: a walk-in closet! The backyard offers even more versatility with a detached 1-bedroom, 1-bathroom casita featuring vaulted ceilings, its own utility room with stacked washer and dryer, and a tankless water heater. This additional living space has generated approximately $20,000 in annual Airbnb income (look up "Uncle Charlie's Place") and offers endless possibilities for guests, extended family, or supplemental income. A storage shed adds even more convenience. Additional highlights include individual mini-split systems throughout the home, a water softener, a 50-amp EV charging outlet along the driveway, and a roof replaced just 3 years ago. Owners may also enjoy the benefits of the Phoenix Historic Property Tax Rebate Program. All of this in an incredible Downtown Phoenix location, just minutes from the city's best restaurants, entertainment, shopping, and cultural destinations. Historic character, thoughtful updates, and income-producing potential--all in one exceptional property!

718 W Portland Street, Phoenix

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