$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
Ownership: Fee Simple
Current Price: $707,500
Sold Price: $707,500
Status: Closed
List Date: 2021-08-20
Location, Tax & Legal
Assessor's Map #: 29
Assessor's Parcel #: 143
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 1351
Legal: Legal Description supplied by Title to govern
Marketing Name: Triplex
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
County Code: Maricopa
Assessor Number: 157-29-143
Tax Year: 2021
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: irr
Total # of Units: 3
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Year Built: 1981
Zoning: [R-3]
Project Type
Tri-Plex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Siding: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Personal Property: 1
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
Annual Ownr Asoc Fee: 0
Operating Exp: 10081
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 43789.68
Pmt & Rate Info
Cap Rate: 4.35
Equity: 775000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Individual: 1
Heat Pump: 1
Cooling
Ceiling Fan(s): 1
Heat Pump: 1
Individual: 1
Exterior Amenities
Desert Landscaping: 1
Partially Fenced: 1
Cable TV Available: 1
Patio/Balcony: 1
Separate Storage: 1
Security Light(s): 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Range: 1
Refrigerator: 1
Disposal: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Paved: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
APOD/Backup Avaible: 1
Sch of Personal Prop: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 0
Avg SqFt: 672
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 0
Avg SqFt: 1196
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
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
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
Gross Annual Sch Inc: 45144
Net Operating Income: 33743
Property Features
Project Type: Tri-Plex
Construction: Block; Wood Frame
Const - Finish: Painted; Siding
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building; Personal Property
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Appliances Included: Free-Standing Range; Refrigerator; Disposal
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Heat Pump; Individual
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: None
Parking Features: Carport; >1 Space Per Unit; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: Gerchick Real Estate
Last Updated: September - 14 - 2023
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