Skip To Content

1606 W Taylor Street

Phoenix, AZ 85007
  • $880,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 6420124
UPDATED: 27 min ago
$880,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1944
County:
Area:

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. 8.28% 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-06-28T07:18:50.993.
www.yosthomes.com/homes/130024616
Print Image

1606 W Taylor Street Phoenix, AZ 85007

  • Price: $880,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 27 min ago
  • MLS #: 6420124
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1944
Built
Neighborhood:
East Oakland
County:
Maricopa
Area:
Phoenix
Elementary School:
Capitol Elementary School
Middle School:
Phoenix Prep Academy
High School:
Phoenix Union Bioscience High School
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. 8.28% 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 1.00 Exterior Amenities Desert LandscapingFenced Lot Size Dimensions 50'X125' Parking >1 Space Per UnitCarportPaved Parking Roads Concrete 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 DishwasherDisposalMicrowaveRefrigeratorW/D HookupWasher/Dryer Cooling Ceiling Fan(S)Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric Interior Amenities Fire/Smoke Alarm(S)

Property Features

1 Bedroom Unit Avg Rent 1295.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 1389.00 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 72936.00 Annual Elec Exp 2400.00 Annual Landscape Exp 1440.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 1560.00 Community Amenities No Pool Cross Street Roosevelt And 15th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 64416.00 Hoa YN No Net Operating Income 67536.00 New Financing ConventionalNo Carry Operating Exp 7071.00 Other Income 8520.00 Owner Pays ElectricGasLandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Building(S) OnlyLand & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Phoenix Taxes 1671.00 Tenant Pays Cable Tv Vacancy Allowance 0.00 Water City Franchise Zoning R5

Arizona Regional MLS logo Listing provided by Gentry Real Estate: (480) 750-9910.


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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-06-28T07:18:50.993.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6420124-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6420124-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6420124-2.jpg
Logo
Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122