2225 E TAYLOR Street, Phoenix, AZ 85006 (MLS# 6652408)

$500,000

2225 E TAYLOR Street
Phoenix, AZ 85006
MLS# 6652408
Status: Closed

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Property Description
Investors, seize this multifamily property near Sky Harbor Airport, a value-add gem with four 1bd/1ba units. The property has a large common area for tenants to use. It comes with 5 parking spaces. Units are individually metered for electricity, with master metering for water, sewer, and trash. Easy access to the I-10, SR51 and Loop 202. Minutes from Sky Harbor Airport, downtown Phoenix. This fourplex is priced to sell.

Details

Maps

Contract Info

Ownership: Fee Simple

Current Price: $500,000

Sold Price: $500,000

Status: Closed

List Date: 2024-01-18

Location, Tax & Legal

Assessor's Map #: 1

Legal Description (Abbrev): LOT 29 BLOCK 2 AVIATION HOMESITES MCR 003101

Assessor's Parcel #: 71

Add'l Parcels: No

Tax Municipality: Phoenix

Census Tract: 113300

Taxes: 539

Legal: LOT 29 BLOCK 2 AVIATION HOMESITES MCR 003101

Marketing Name: Fourplex

House Number: 2225

Compass: E

Street Name: TAYLOR

St Suffix: Street

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85006

Zip4: 4120

County Code: Maricopa

Subdivision: AVIATION HOMESITES

Assessor Number: 116-01-071

Tax Year: 2023

General Property Description

# of Buildings: 1

Uncvrd Parking Spcs: 5

Lot Size Dimensions: UNK

Total # of Units: 4

Elementary School District: Wilson Elementary District

High School District: Phoenix Union High School District

Year Built: 1946

Zoning: R-4

Legal Info

Range: 3E

Section: 3

Township: 1N

Block: 2

Lot Number: 29

Project Type

Four Plex: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1

Stucco: 1

Roofing

Composition: 1

Floors

Concrete: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No

Annual Ownr Asoc Fee: 0

Operating Exp: 539

Other Income: 0

Vacancy Allowance: 0

Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 580000

Down Payment %: 100

Monthly Payments: 0

Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

See Private Remarks: 1

Community Features

No Pool: 1

Heating

Window/Wall Unit(s): 1

Cooling

Window/Wall Unit: 1

Exterior Amenities

Desert Landscaping: 1

Fenced: 1

Tenant Pays

Electricity: 1

Appliances Included

Refrigerator: 1

Free-Standing Range: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

>1 Space Per Unit: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

Water: 1

Sewer: 1

Trash Collection: 1

Landscaping: 1

New Financing

VA: 1

Conventional: 1

FHA: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 602-366-5078

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 4

Avg Rent: 1017

Avg SqFt: 349

# Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Cash

Closing Cost Split: Normal - N

Payment Type: Fixed

Buyer Concession to Seller: 0

Buyer Concession $/%: $

Seller Concession to Buyer: 0

Seller Concession $/%: $

Remarks Misc

Cross Street: 24th St & Van Buren St

Directions: From 24th St & Van Buren St, head north on 24th St to Taylor St. Head west on Taylor St, property on the south side of the road.

Geo Lat: 33.453727

Geo Lon: -112.033506

Status Change Info

Off Market Date: 2024-02-27

Under Contract Date: 2024-01-25

Close of Escrow Date: 2024-02-26

Sold Price: $500,000

Property Features

Project Type: Four Plex

Construction: Wood Frame

Const - Finish: Painted; Stucco

Roofing: Composition

Floors: Concrete

Sale Includes: Land & Building

Community Features: No Pool

Exterior Amenities: Desert Landscaping; Fenced

Appliances Included: Free-Standing Range; Refrigerator

Heating: Window/Wall Unit(s)

Cooling: Window/Wall Unit

Water Source: City Franchise

Sewer: Sewer - Public

Electric: APS

Gas: None

Parking Features: >1 Space Per Unit

Road Surface Type: Asphalt

Owner Pays: Water; Trash Collection; Landscaping

Tenant Pays: Electricity

Source of Fincl Data: Owner

Lockbox Type: See Private Remarks

New Financing: VA; FHA; Conventional

Environmental: None

Listing Office: Get Multifamily

Last Updated: July - 01 - 2025