15 photos
$639,000
2242 E TAYLOR Street
Phoenix, AZ 85006
Bradley Skenderian, Matthews Real Estate Investment Services · (949) 533-5594
What the listing says
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. 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. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi_family
HOA
None
More owner-financed homes near Phoenix
Questions about owner financing in Phoenix
What is owner financing for 2242 E TAYLOR Street?
Owner financing means the seller of 2242 E TAYLOR Street acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Phoenix, AZ home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Phoenix home?
There is no standard down payment. The seller of this Phoenix home sets their own, and it is negotiable. Ask the seller or their agent.