A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
Listed By
Agency Name: Matthews Real Estate Investment Services
Agency Phone: 310-388-0788
Shown By
Agent Name: The Adlers
Agent Phone: (480) 267-5444
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 2,067.11 per month $1,747.07 Principal & Interest $91.08 Property Tax $228.96 Homeowner's Insurance
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2242 E Taylor Street | MLS# 6986273
This multi-family property located at 2242 E Taylor Street, Phoenix, AZ 85006 is currently listed for sale with an asking price of $785,000. E Taylor Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.bestarizonahomes.com today.