2507-2511 W Hayward Avenue, Phoenix, AZ 85051
$1,415,000
Property Type:
Commercial
Square Footage:
5,762
Lot Size (sq. ft.):
87
Status:
Closed
Current Price:
$1,415,000
List Date:
8/30/2021
Last Modified:
12/14/2024
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
More Information MLS# 22122334
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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