1333 W Taylor Street, Phoenix, AZ 85007
- $643,000
- List Price
- $643,000
- Status
- ACTIVE
- Price Change
- ▼ $1,000 1775528554
- Days on Market
- 207
- MLS#
- 6972312
- City
- Phoenix
- Year Built
- 1916
Property Description
Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.
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Additional Information
- Taxes
- $801
- Net Operating Income
- $50,799
- Cap Rate
- 7.83
- Units
- 4
- Parking Features
- 1 Space/Unit, RV Access/Parking
- Construction
- Block, Wood Frame, Aluminum Siding
- Roofing
- Composition
- Cooling
- Central Air, Window/Wall Unit
- Heating
- Natural Gas, Central
- Zoning
- R5
- Subdivision
- University Addition
- Community Features
- No Pool
- Electric
- APS, Individual Meter
- Water
- City Franchise
- Tenant Pays
- Electricity, Cable TV
- New Financing
- VA Loan, FHA, Conventional, No Carry, Cash
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Listing courtesy of Ivy Realty.
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