2522 W Hayward Avenue, Phoenix, AZ 85051

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List Price
$499,000
Days on Market
0
Status
ACTIVE
MLS#
7092738
City
Phoenix
Bedrooms
3
Bathrooms
9
Subdivision
Vista Income Estates Unit 4
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.

Additional Information

Elementary School
Washington Elementary School District Online Learning Academ
High School
Washington High School
Middle School
Palo Verde Middle School
Community Features
No Pool
Construction
Wood Frame, Painted
Cooling
Electric
Electric
SRP
Flooring
Ceramic Tile
Heating
Electric
New Financing
FHA, Conventional, Cash
Parking Features
<1 Space Per Unit
Roofing
Composition
Sewer
Public Sewer
Subdivision
Vista Income Estates Unit 4
Taxes
$791
Tax Year
2025
Tenant Pays
Electricity
Units
3
Water
City Franchise
Zoning
04013C1740L

Courtesy of Luxe Collective Group LLC. 623-806-0533

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