2522 W Hayward Avenue, Phoenix, AZ 85051
- $499,000
- 3
- BD
- 9
- BA
- List Price
- $499,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 7092738
- City
- Phoenix
- Bedrooms
- 3
- Bathrooms
- 9
- Year Built
- 1977
Property Description
Motivated Seller! Excellent opportunity to acquire a fully occupied triplex with established rental income. Each 1 bd/1 bath unit is rented at $1,300/month through government voucher programs, generating $3,900 in gross monthly income, including utilities. Subject to voucher requirements and approval, an incoming owner may have the opportunity to amend leases, making tenants responsible for electricity, with adjusted rents of approx. $1,200/month. Updated in 2019 with granite countertops, tile flooring & stainless steel appliances. Roof coated 10/2022. Staggered lease expirations in May, June & September 2027 provide established occupancy and income from day one. Sold AS-IS with light exterior cosmetic improvements needed. Great investor opportunity! Drive by only until under contract.
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Additional Information
- Taxes
- $791
- Net Operating Income
- $39,300
- Cap Rate
- 7.88
- Units
- 3
- Flooring
- Ceramic Tile
- Parking Features
- <1 Space Per Unit
- Construction
- Wood Frame, Painted
- Roofing
- Composition
- Cooling
- Electric
- Heating
- Electric
- Zoning
- 04013C1740L
- Subdivision
- Vista Income Estates Unit 4
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Electricity
- New Financing
- FHA, Conventional, Cash
- Elementary School
- Washington Elementary School District Online Learning Academ
- Middle School
- Palo Verde Middle School
- High School
- Washington High School
Courtesy of Luxe Collective Group LLC. 623-806-0533
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