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1313 W TAYLOR Street Phoenix, AZ 85007
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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Addition
MLS Listing ID 6350583
Sold Date 03/29/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1974
Annual Tax Amount $1,843
Tax Year 2021
Lot Dimensions 50 Ft x 126.5 Ft
Property Description
What an amazing opportunity in Central Phoenix! Owner has spent around $200K in the last 15 months renovating this property. This property consists of 5 individually metered 2 bed units and one 1 bed unit. Each unit is stunning with shaker cabinets, granite counters, stainless steel appliances, wood and tile flooring, new double pane windows, private laundry, and a backyard or a balcony. Brand new HVACs and a new roof were installed in 2021. Plenty of parking with 2 parking areas. This ideal location is just 1 block from the Phoenix Capitol. Easy access to all of the downtown sports, cultural, and entertainment venues making this an excellent candidate for short term rental use and increased revenue. See CURRENT AND PROFORMA RENTS at the document tab. This part of Phoenix is being revamped fast and is an excellent investment opportunity.
Location
State AZ
County Maricopa
Community University Addition
Zoning R-5
Direction Take 7th Avenue south to Polk St. Turn right onto Polk. Take slight right to Grand Ave and then turn left to Taylor.
Interior
Heating Individual, Natural Gas
Cooling Central A/C, Individual, Ceiling Fan(s)
Flooring Wood
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup, Microwave, WasherDryer
Exterior
Garage Common
Community Features No Pool
Amenities Available Other
Waterfront No
Roof Type Composition
Parking Type Common
Total Parking Spaces 11
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-28-083
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
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