$707,500
Phoenix, AZ 85051
MLS# 6281993
Status: Closed
1 / 1
Property Description
This is a well-kept triplex! New Dual Pane Windows, New Fencing, and New Landscaping with modern exterior paint. One Tenant is leaving at the end of September the unit will be remodeled. 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.
Details
Maps
Contract Info
Current Price: $707,500
Sold Price: $707,500
Status: Closed
List Date: 2021-08-20
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: N33
House Number: 2507
Compass: W
Street Name: Hayward
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85051
Country: USA
County Code: Maricopa
Assessor's Map #: 29
Assessor's Parcel #: 143
Add'l Parcels: No
Assessor Number: 157-29-143
Legal: Legal Description supplied by Title to govern
Tax Municipality: Phoenix
Taxes: 1351
Tax Year: 2021
Marketing Name: Triplex
General Property Description
Lot Size Dimensions: irr
Year Built: 1981
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 1
Zoning: [R-3]
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: 26th Ave and Northern
Directions: 26th Ave and Northern
Go south on 26th Ave to Hayward Ave. Turn East and property is on the south side of the street.
Geo Lat: 33.549902
Geo Lon: -112.113012
Status Change Info
Status Change Date: 2021-12-10
Off Market Date: 2021-11-18
Under Contract Date: 2021-11-18
Close of Escrow Date: 2021-12-10
Sold Price: $707,500
Income & Expenses
Annual Ins Exp: 1552
Annual Landscape Exp: 713
Annual Maint Exp: 600
Annual Mgmt Exp: 3503
Annual Wtr/Swr Exp: 2362
Owner Association: No
Operating Exp: 10081
Gross Annual Sch Inc: 45144
Vacancy Allowance: 0.03
Adjusted Gross Inc: 43789.68
Net Operating Income: 33743
Pmt & Rate Info
Cap Rate: 4.35
Equity: 775000
1 Bedroom Units
# 1 Bedroom Units: 2
Avg SqFt: 672
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg SqFt: 1196
# Baths: 2
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Block; Frame - Wood
Const - Finish: Painted; Siding
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building; Personal Property
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: F/S Oven/Range; Refrigerator; Disposal
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Heat Pump; Individual
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: None
Parking: Carport; >1 Space Per Unit; Paved Parking
Roads/Streets: Asphalt; Curb(s) & Gutter(s)
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Lockbox Type: None
New Financing: VA; FHA; Conventional; No Carry
Reports/Disclosures: Seller Prop Disc Stm; APOD/Backup Avaible; Sch of Personal Prop
Environmental: None
Listing Office: Gerchick Real Estate
Last Updated: September - 14 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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