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
Overview
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
Listing Details MLS# 22122334
Address Information
- Street #
- 2507-2511
- Direction
- W
- Street Name
- Hayward
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85051
- County
- Maricopa
- Country
- USA
Location, Tax & Legal
- Tax Code
- 157-29-143
- Area
- Maricopa
- 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
General Property Information
- Property Sub-Type
- Apartment
- Construction Status
- Existing
- # Units
- 6
- Year Built
- 1981
- Lot Dimensions
- irr
- Lot Acres
- 0.41
- Lot Sqft
- 17760
- Lot Size Source
- Assessor
- Combined SqFt
- 5762
- Source of SqFt
- Appraiser
- List Price/SqFt
- 269
- Lot Size Price/SqFt
- 87.27
Property Features
Property Features:
Storage
Construction:
Concrete Block
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2021-11-18
- Pending Date
- 2021-11-18
- Sold Date
- 2021-12-10
- Sold Price/SqFt
- 245.57
- Lot Sz Sold Prc/SqFt
- 79.67
- Financing
- Cash
More Information
Showing Information
- Directions
- Go south on 26th Ave to Hayward Ave. Turn East and property is on the south side of the street.
Income
- Gross Scheduled Rent
- 86964
- Vacancy Loss
- 2609
- Adjusted Gross
- 84355
- Net Opp Income
- 63560
- Other Income
- 0
Analysis
- Cap Rate %
- 4.1
- Gross Rent Multi
- 16.77
- Vacancy Rate %
- 3
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
Construction
- Concrete Block
- Yes
Property Features
- Storage
- Yes
Sold Info
- Seller Concessions
- 0
Listing Office:
Gerchick Real Estate
Last Updated: December - 14 - 2024
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