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2242 E Taylor Street, Phoenix, AZ, 85006

2242 E Taylor Street
$785,000

Key Information

Cap Rate
7.15%
$ per SF
$269
Tot. SF
2,920
$ per unit
$157,000
Units
5
Year Built
1944
Type
Apartments

Highlights

Matthews™ is pleased to present 2242 E Taylor Street, a five-unit multifamily
investment located in the heart of Phoenix, Arizona. Originally constructed in 1944, the
asset features a mix of 1, 2, and 3 bedroom floor plans, providing great versatility for
renters. Each of the units have been updated within the last few years; however, future
ownership will have the opportunity to capture additional upside through continued
interior and exterior renovations. The asset is situated with convenient access to
Downtown Phoenix, Sky Harbor International Airport, and major transportation
corridors including Loop 202 and I-10.

2242 E Taylor Street presents investors with a compelling opportunity to acquire steady
cash flow through its current performance and future upside through interior and
exterior upgrades.

The seller is offering 5.75% interest only seller-financing with 40% down.

Photos

Location

Agents

Broker of Record

David Harrington

License # BR715518000 (AZ)
Matthews Real Estate Investment Services, Inc
400 S. 4th St., Suite 500, Las Vegas, NV 89101