$707,500
Phoenix, AZ 85051
MLS# 6282208
Status: Closed
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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 and the unit will be remodeled. New 2 in. Wood Faux blinds along with new ceiling fans in all units. New Doors and much more. Can buy 2507 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: 2511
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 #: 142
Add'l Parcels: No
Assessor Number: 157-29-142
Legal: Legal Description supplied by Title to transfer
Tax Municipality: Phoenix
Taxes: 1618
Tax Year: 2021
Marketing Name: Triplex
General Property Description
Lot Size Dimensions: irr
Year Built: 1984
Uncvrd Parking Spcs: 2
Total # of Units: 3
# of Buildings: 1
Zoning: [R-3]
Elementary School District: Osborn 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: 33.549908
Geo Lon: -112.113223
Status Change Info
Status Change Date: 2021-12-11
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: 1732
Annual Landscape Exp: 713
Annual Maint Exp: 600
Annual Mgmt Exp: 3245
Annual Wtr/Swr Exp: 2880
Owner Association: No
Operating Exp: 10788
Gross Annual Sch Inc: 41820
Vacancy Allowance: 0.03
Adjusted Gross Inc: 40565.4
Totl Mnth Rntal Inc: 3485
Net Operating Income: 29817
Pmt & Rate Info
Cap Rate: 3.85
Equity: 775000
2 Bedroom Units
# 2 Bedroom Units: 3
Avg SqFt: 1054
# 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; Stucco
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building; Personal Property
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Partially Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Other (See Remarks)
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; 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; Free; Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Special: Owner/Agent
Lockbox Type: None
New Financing: VA; FHA; Conventional; No Carry
Reports/Disclosures: Seller Prop Disc Stm; APOD/Backup Avaible; Sch of Personal Prop; Other (See Remarks)
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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