1606 W Taylor Street, Phoenix, AZ 85007
- $790,000
- List Price
- $790,000
- Status
- ACTIVE
- Price Change
- ▼ $90,000 1656458676
- Days on Market
- 14
- MLS#
- 6420124
- City
- Phoenix
- Lot Size
- 1
- Year Built
- 1944
Property Description
Brand new remodeled fourplex with great rents. Townhome like apartments with PRIVATE YARDS & in unit Washer/Dryers & dishwashers!! Excellent gross monthly cashflow $6,078, $72,936 yearly. 9.23% Gross Cap Rate, Tenant paid utilities on RUBS!! New HVAC in the 3 of the 4 units, new interiors with wood tile floor, showers, stainless appliances, White Quartz countertops and ceiling fans. Overhead is low. Unit mix of 2, 2 bed x1 bath, 2, 1 bed x 1 bath. This area is hot and transitioning in the Art District of Roosevelt. Hurry will not last with this strong of cashflow. Could add solar and reduce bills even more.
/u.realgeeks.media/capcorerealestate/header.png)
Additional Information
- Gross Annual Sch Inc
- 64416
- Other Income
- 8520
- Adjusted Gross Inc
- 72936
- Taxes
- $1,671
- Annual Elec Exp
- 2400
- Annual Water Sewer Exp
- 1560
- Annual Landscape Exp
- 1440
- Operating Exp
- 7071
- Net Operating Income
- $67,536
- Units
- 4
- Project Type
- Four Plex
- Construction
- Block, Frame - Wood
- Roofing
- Comp Shingle
- Parking
- >1 Space Per Unit, Carport, Paved Parking
- Cooling
- Ceiling Fan(s), Electric
- Heating
- Electric
- Floors
- Ceramic Tile
- Interior Amenities
- Fire/Smoke Alarm(s)
- Exterior Amenities
- Desert Landscaping, Fenced
- Zoning
- R5
- Subdivision
- East Oakland
- Community Amenities
- No Pool
- Electric
- APS
- Gas
- SW Gas
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Cable TV
- New Financing
- Conventional, No Carry
- Elementary School
- Capitol Elementary School
- Middle School
- Phoenix Prep Academy
- High School
- Phoenix Union Bioscience High School
- School District
- 210 - Phoenix Union High School District
Mortgage Calculator
Listing courtesy of Gentry Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.