Historical Multifamily Sale Listing - 7 units in Downtown Phoenix

Multifamily For Sale

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7 units in Downtown Phoenix

911 E. Taylor Street, Phoenix, AZ 85006

N/A

7 Units | Multifamily

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Front Duplex

Multifamily Property - Off Market

Price:
N/A
No. Units:
7
Building Size:
3,235 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Cap Rate:
9.89%
Occupancy:
85%
No. Stories:
1
Year Built:
1929
Lot Size:
14,000 SF
Listing ID
13994296
Last Updated
over 1 year ago

Highlights

  • Land Value in Downtown Phoenix
  • Excellent Cash Opportunity
  • City of Phoenix Historical District
  • Cottage Style Apartments

Description

This property was built in 1929, located in the Garfield Historical District of Downtown Phoenix. Walking distance to the Bankone Ball Park and the new Biotechnology Research Center currently being built. Excellent opportunity for income property in downtown Phoenix. All units are on the low end and property could use some upgrading. 6 of the 7 units are currently rented with long term tenants. 6-1bdrms and 1-2 bdrm. Rents range from 380-420/month. Upside potential is huge due to location. There are 5 building structures on 2 parcels of land. The units are wood frame cottage style apartments. Cash offer takes the prize.

7th st/Filllmore. East to 9th st. South to Taylor. Property is on the south side 911 & 915 E. Taylor.

Map of 911 E. Taylor Street, Phoenix, AZ 85006 (Maricopa County)

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Created 8/19/2004