Skip To Content

1606 W Taylor Street

Phoenix, AZ 85007
  • $829,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 6463859
UPDATED: 55 min ago
$829,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1944
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Garcia Group | eXp Realty. Data last updated 2022-10-01T12:26:17.297.
www.beckygarcia.com/homes/133095957
Print Image

1606 W Taylor Street Phoenix, AZ 85007

  • Price: $829,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 55 min ago
  • MLS #: 6463859
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1944
Built
Neighborhood:
East Oakland
County:
Maricopa
Area:
Phoenix
School District:
001 - Phoenix Elementary District
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.
Exterior Features

Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 50'X125' Parking >1 Space Per Unit Roads ConcreteSidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 550 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 700 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)Central A/CElectric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric

Property Features

1 Bedroom Unit Avg Rent 1430.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 1544.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 81456.00 Annual Elec Exp 4500.00 Annual Landscape Exp 1440.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 1560.00 Community Amenities See Remarks Cross Street Roosevelt And 15th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 72936.00 Hoa YN No Net Operating Income 72285.00 New Financing 1031 ExchangeConventional Operating Exp 9171.00 Other Income 8520.00 Owner Pays ElectricGasSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 1671.00 Tenant Pays ElectricGasSewerWater Vacancy Allowance 0.00 Water City Franchise Zoning R5

Arizona Regional MLS logo Listing provided by Gentry Real Estate: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Garcia Group | eXp Realty. Data last updated 2022-10-01T12:26:17.297.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6463859-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6463859-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6463859-2.jpg
Logo
The Garcia Group | eXp Realty
16165 N 83 Ave # 200
Peoria AZ, 85382