Viewing Listing MLS# 6972312
Phoenix, AZ 85007
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1916Year Built
- 0.00Acres
- 110 yearsEst Age
- MLS# 6972312
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market4 months, 24 days
- AreaMaricopa
- CountyMaricopa
- Subdivision University Addition
Overview
Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.
Agriculture / Farm
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Aluminum Siding, Wood Frame, Block
Roof: Composition
Exterior Features
Financial
Owner Pays: Gas,Water,Landscaping
Gross Income: 58200
Insurance Expense: 1296
Maintenance Expense: 700
Garage / Parking
Parking Features: RV Access/Parking, 1 Space/Unit
Interior Features
Flooring: Tile, Vinyl
Appliances: Refrigerator, Free-Standing Electric Oven, W/D Hookup
Lot Info
Lot Size: 6250
Number of Buildings: 2
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: R5
Tax Info
Tax Legal Description: UNIVERSITY PT OF LOTS 8 & 10 BLK N E2 OF 8 & W2 OF 10
Tax Amount Annual: 801
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: APS, Individual Meter
Cooling: Yes
Cool System: Central Air, Window/Wall Unit
Heating: Central, Natural Gas
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Directions
At the junction of I-10 go south on 15th Ave. Turn left on Taylor St. Property on the right.
Listings courtesy of Open House Realty
MLS# 7037040