$1,415,000
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
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
Contract Information
Current Price: $1,415,000
Sold Price: $1,415,000
Listing Date: 2021-08-20
Status: Closed
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: $1,415,000
Sold Price/SqFt: 245.57
Lot Sz Sold Prc/SqFt: 79.67
Financing: Cash
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
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
Remarks Misc
Geo Lat: 33.549852
Geo Lon: -112.113205
Income
Gross Scheduled Rent: 86964
Vacancy Loss: 2609
Adjusted Gross: 84355
Net Opp Income: 63560
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
Property Features
Property Features: Storage
Construction: Concrete Block
Listing Office: Gerchick Real Estate
Last Updated: December - 14 - 2024
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