2402 W Hayward Avenue

    Phoenix, AZ 85021
    • $680,000
    • STATUS: Active
    • ON SITE: 44 days
    • MLS #: 5986372
    Price Reduced
    UPDATED: 14 min ago
    $680,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    *Seller would prefer to close before the end of the year* 2402 West Hayward Avenue is a 6-Unit, garden-style property located just a few blocks south of the booming Northern Avenue Corridor. This offering consists of (2) one-bedroom / one-bathroom, (3) two-bedroom / one-bathroom, and (1) three-Bedroom / one-bathroom units. The garden-style, mid-1980's construction has an everlasting charm and with 3 of the 6 units recently renovated with the long-term in mind, a reliable tenant base can easily be expected. Additionally, through the modest increase of rents, along with subtle renovations on the exterior and the installation of a well-designed landscape, additional value is obtainable and within reach.

    Monthly Payment Calculator



    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Everest Team at eXp Realty. Data last updated 2019-11-16T21:11:03.07.
    www.theeverestteam.com/homes/99547133

    2402 W Hayward Avenue Phoenix, AZ 85021

    • Price: $680,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 5986372
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1986
    Built
    Neighborhood:
    Vista Income Estates 3
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    006 - Washington Elementary District
    Property Description
    *Seller would prefer to close before the end of the year* 2402 West Hayward Avenue is a 6-Unit, garden-style property located just a few blocks south of the booming Northern Avenue Corridor. This offering consists of (2) one-bedroom / one-bathroom, (3) two-bedroom / one-bathroom, and (1) three-Bedroom / one-bathroom units. The garden-style, mid-1980's construction has an everlasting charm and with 3 of the 6 units recently renovated with the long-term in mind, a reliable tenant base can easily be expected. Additionally, through the modest increase of rents, along with subtle renovations on the exterior and the installation of a well-designed landscape, additional value is obtainable and within reach.
    Exterior Features

    Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert Landscaping Lot Size Dimensions 96.91X180.76 Parking Garage1 Space/UnitStreet Parking Roads ConcreteDirt/Gravel Roofing Other (See Remarks) Total Parking Spaces 6.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 740 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 850 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1310 3 Bedroom Unit Baths 1 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorMicrowave Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl/Composition Heating Central Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 795.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 945.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 1095.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 63498.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1500.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1050.00 Annual Legal And Acctg 600.00 Annual Maint Exp 1800.00 Annual Mgmt Exp 3812.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 1200.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 4500.00 Community Amenities No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 66240.00 Hoa YN No Net Operating Income 45514.00 New Financing Conventional Operating Exp 16723.00 Other Income 600.00 Other Type House + Rental Units Owner Pays WaterLandscaping Payment Includes PrincipalInterest Project Type 5 - 12 Units Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 2261.00 Tenant Pays Electric Vacancy Allowance 0.05 Water City Franchise Zoning R-3

    Listing courtesy of Abi Multifamily.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Everest Team at eXp Realty. Data last updated 2019-11-16T21:11:03.07.
     
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