2507-2511 W Hayward Avenue, Phoenix, AZ 85051 (MLS# 22122334)

$1,415,000

2507-2511 W Hayward Avenue
Phoenix, AZ 85051
MLS# 22122334
Status: Closed
5762 sqft

1 / 1

Property Description
This is a well-kept triplex! New Dual Pane Windows, New Fencing, and New Landscaping with modern exterior paint. The middle unit has been TOTALLY remodeled and is currently vacant-On Supra LB until occupied for viewing. Will be leased at $2,200. New 2 inch Wood Faux blinds along with new ceiling fans in all units. New Doors and much more. Can buy 2511 W Hayward and own a 6 unit w/Residential financing. Owner is a licensed real estate agent and owns selling entity but NOT related to the listing agent. Buyer to verify all facts and figures.
New 2 in Faux Wood Blinds
New Exterior Painting
New Exterior Doors
New Landscaping
New Fence
Close to Glendale Community College and GCU

Details

Maps

Address Information

Country: USA

Street #: 2507-2511

Direction: W

Street Name: Hayward

Suffix: Avenue

State/Province: AZ

Zip Code: 85051

County: Maricopa

Location, Tax & Legal

Tax Year: 2021

Taxes: 2969

Assessments: 0

Taxes For: Building & Land

Legal Description: Legal Description supplied by Title to Govern

Municipality/Zoning: Other – CALL

Fire Protection: Included in Taxes

FEMA Flood Zone: No

Municipal Flood Zone: No

Tax Code: 157-29-143

Area: Maricopa

Contract Information

Method of Title: Fee (Simple)

Short Sale: No

Current Price: $1,415,000

Sold Price: $1,415,000

Listing Date: 2021-08-20

Status: Closed

Status Change Info

Off Market Date: 2021-11-18

Sold Price/SqFt: 245.57

Lot Sz Sold Prc/SqFt: 79.67

Financing: Cash

Pending Date: 2021-11-18

Sold Date: 2021-12-10

Sold Price: $1,415,000

Showing Information

Directions: Go south on 26th Ave to Hayward Ave. Turn East and property is on the south side of the street.

General Property Information

Property Sub-Type: Apartment

Construction Status: Existing

# Units: 6

Lot Dimensions: irr

Lot Acres: 0.41

Lot Sqft: 17760

Lot Size Source: Assessor

Source of SqFt: Appraiser

List Price/SqFt: 269

Lot Size Price/SqFt: 87.27

Year Built: 1981

Combined SqFt: 5762

Income

Vacancy Loss: 2609

Other Income: 0

Adjusted Gross: 84355

Gross Scheduled Rent: 86964

Net Opp Income: 63560

Analysis

Gross Rent Multi: 16.77

Vacancy Rate %: 3

Cap Rate %: 4.1

Construction

Concrete Block: 1

Expenses

Contract Services: 1426

Insurance: 3284

Maintenance Supplies: 1200

Management: 6748

Taxes/Assessments: 2895

Water/Sewer: 5242

Unit Information

Apartment: Low Rise

Apartment Unit Information

# of Units/1 BR: 2

# of Units/2 BR: 4

Property Features

Storage: 1

Sold Info

Seller Concessions: 0

Remarks Misc

Geo Lat: 33.549852

Geo Lon: -112.113205

Property Features

Property Features: Storage

Construction: Concrete Block

Listing Office: Gerchick Real Estate

Last Updated: December – 14 – 2024

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