2234 W Hazelwood Street, Phoenix, AZ 85015
- $3,300,000
- 40
- BD
- 24
- BA
- List Price
- $3,300,000
- Status
- ACTIVE
- Days on Market
- 292
- Price Change
- ▼ $300,000 1771041516
- MLS#
- 6955610
- Subtype
- Multiple Dwellings
- Year Built
- 1985
- Bedrooms
- 40
- Bathrooms
- 24
- Subdivision
- Rowlett Manor Lot 1
Property Description
Hazelwood Apartments is a 24-unit garden-style community built in 1985 in Central Phoenix, featuring (8) one-bedroom and (16) two-bedroom units, all individually metered for electricity. Amenities include on-site laundry and 34 parking spaces. Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.
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Additional Information
- Taxes
- $7,970
- Zoning
- R-4
- Appliances
- Refrigerator, Free-Standing Electric Oven
- Heating
- Electric
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Wood Frame, Steel Frame, Stucco
- Parking Features
- >1 Space Per Unit
Courtesy of ABI Multifamily. 602-714-1400
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