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2507-2511 W Hayward Avenue, Phoenix, AZ 85051

$1,415,000
Property Type: Commercial Square Footage: 5,762 Lot Size (sq. ft.): 17,760 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
IDX
Listing Office: Gerchick Real Estate
Last Updated: December - 14 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

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