$660,000
Phoenix, AZ 85007
MLS# 6114124
Status: Closed
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Property Description
1313 West Taylor Street is a 6-Unit apartment building, built in 1974 and consisting of block construction. With an attractive unit mix of (1) 1-Bed / 1-Bath Unit & (5) 2-Bed / 1-Bath Units this property will appeal to a wide tenant base. Four of the Six units recently underwent significant renovations which include the installation of W/D Hook-Up's. Additional Value is to be had through completing renovation to the final (2) units. Located just outside the sought after ''Triangle District'' 1313 West Taylor Street is just minutes from the heart of Downtown Phoenix. Property to be sold in ''as-is'' condition.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $660,000
Sold Price: $660,000
Status: Closed
List Date: 2020-08-07
Location, Tax & Legal
Assessor's Map #: 28
Legal Description (Abbrev): LOT 18 BLOCK N UNIVERSITY ADDITION MCR 000132
Assessor's Parcel #: 83
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 112900
Taxes: 1667
Legal: LOT 18 BLOCK N UNIVERSITY ADDITION MCR 000132
Marketing Name: 1313 West Taylor Street
Map Code/Grid: Q34
House Number: 1313
Compass: W
Street Name: TAYLOR
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2542
County Code: Maricopa
Subdivision: UNIVERSITY ADDITION
Assessor Number: 111-28-083
Tax Year: 2019
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 10
Lot Size Dimensions: 50 Ft x 126.5 Ft
Total # of Units: 6
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Year Built: 1974
Zoning: R-5
Legal Info
Range: 3E
Section: 6
Township: 1N
Block: N
Lot Number: 18
Project Type
5 - 12 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Other: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1667
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 68058
Pmt & Rate Info
Cap Rate: 7.07
Equity: 660000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Other: 1
See Remarks: 1
Heating
Natural Gas: 1
Individual: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Window/Wall Unit: 1
Individual: 1
Other: 1
See Remarks: 1
Exterior Amenities
Partially Fenced: 1
Curb(s) & Gutter(s): 1
Other (See Remarks): 1
Interior Features
Unfurnished: 1
Other (See Remarks): 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Other: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Books Shwn Accpt Ofr: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
>1 Space Per Unit: 1
Other: 1
Electric
Individual Meter: 1
Other (See Remarks): 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 900
Avg SqFt: 621
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 5
Avg Rent: 1014
Avg SqFt: 835
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: 13th Avenue & Taylor Street
Geo Lat: 33.453955
Geo Lon: -112.089768
Status Change Info
Off Market Date: 2020-09-08
Under Contract Date: 2020-09-08
Close of Escrow Date: 2020-10-01
Sold Price: $660,000
Income Expenses
Gross Annual Sch Inc: 71640
Net Operating Income: 46667
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition; Other
Floors: Other
Sale Includes: Land & Building; Other (See Remarks)
Community Features: No Pool; Other; See Remarks
Exterior Amenities: Partially Fenced; Curb(s) & Gutter(s); Other (See Remarks)
Interior Features: Unfurnished; Other (See Remarks)
Appliances Included: Built-In Range; Refrigerator; W/D Hookup; Other
Heating: Natural Gas; Individual
Cooling: Ceiling Fan(s); Window/Wall Unit; Individual; Central Air; Other; See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Individual Meter; Other (See Remarks)
Gas: SW Gas; Individual Meter
Parking Features: Carport; On Street; >1 Space Per Unit; Other
Road Access Type: Alley
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner; Projected Proforma; Books Shwn Accpt Ofr
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: ABI Multifamily
Last Updated: January - 30 - 2026
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