Phoenix, AZ 85006,2231 E TAYLOR Street
Phoenix, AZ 85006,2231 E TAYLOR Street
Phoenix, AZ 85006,2231 E TAYLOR Street
Phoenix, AZ 85006,2231 E TAYLOR Street
Phoenix, AZ 85006,2231 E TAYLOR Street
Phoenix, AZ 85006,2231 E TAYLOR Street
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$685,000

$695,000

1.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 11/15/2023

Key Details

Sold Price $685,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Aviation Homesites

MLS Listing ID 6597018

Sold Date 11/15/23

Maintenance Fees $1,600

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1958

Annual Tax Amount $1,893

Tax Year 2022

Lot Dimensions Rectangular

Property Description

This upgraded 5-unit property offers day one cash-flow and nearly a 7% cap rate on actuals! Major upgrades have been done to the bones of the property, including a recent replacement of the main sewer line. Cosmetic upgrades include but are not limited to new flooring, interior & exterior paint, kitchen cabinets & countertops, and bathroom tiles & vanities. The property is well managed with government-assisted tenants on annual leases at market rates. Individually metered for electric. Located in an Opportunity Zone near Phoenix Sky Harbor Airport, downtown Phoenix, and I-10 & Loop 202 freeways. To learn more about City of Phoenix Opportunity Zones go to https://www.phoenix.gov/econdev/opportunity-zones. Drive-by only. Please do not disturb tenants.

Location

State AZ

County Maricopa

Community Aviation Homesites

Zoning Multi

Interior

Flooring Ceramic Tile

Appliance None

Exterior

Parking Features 1 Space/Unit, Street Parking

Community Features No Pool

Roof Type Composition

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-01-073

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by ABI Multifamily
Bought with HomeSmart
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