Search Entire MLS By Map Or Your Own Search Criteria
$964,900
Glendale, AZ 85303
MLS# 6691738
1 / 14
Property Description
Remarkable cash flowing asset with upside in rents! Two 4-plex properties, can sell individually or together, all 2 bedroom units with 1 full bathroom, in-suite washer and dryer, renovated in 2018. Units are quipped with full appliance package - refrigerator, electric stove and overhead microwave/hood-fan. Easy to maintain, hassle-free investment property.
Details
Maps
Contract Info
Current Price: $964,900
List Price: $964,900
Status: Active
List Date: 2024-04-15
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 7106
Compass: N
Street Name: 68TH
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85303
Zip4: 2646
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 67 GLEN WEST ESTATES MCR 010334
Subdivision: GLEN WEST ESTATES
Assessor's Map #: 28
Assessor's Parcel #: 74
Add'l Parcels: No
Assessor Number: 143-28-074
Legal: TBC
Census Tract: 92705
Tax Municipality: Glendale
Taxes: 1608
Tax Year: 2020
Marketing Name: GLENDALE 8-PLEX
General Property Description
Lot Size Dimensions: 60x120
Year Built: 1964
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 1
Zoning: R4
Elementary School: Desert Spirit
Jr. High School: Desert Spirit
High School: Glendale High School
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: 67th Ave & Glendale
Geo Lat: 33.539707
Geo Lon: -112.205582
Status Change Info
Status Change Date: 2024-04-15
Legal Info
Township: 2N
Range: 1E
Section: 1
Lot Number: 67
Income & Expenses
Annual Landscape Exp: 600
Annual Maint Exp: 2500
Annual Wtr/Swr Exp: 4320
Owner Association: No
Operating Exp: 9028
Gross Annual Sch Inc: 83750
Vacancy Allowance: 0.02
Adjusted Gross Inc: 82075
Net Operating Income: 60000
Pmt & Rate Info
Cap Rate: 6.22
Equity: 964900
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 800
Avg SqFt: 910
# Baths: 1
Contact Info
List Agent Home Phn: 602-448-9110
List Agent Hme Phn 2: 602.253.0113
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Fenced
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Microwave; W/D Hookup
Heating: Heat Pump
Cooling: Heat Pump; Central A/C
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Projected Proforma
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: XCD Realty & Property Mgmt
Last Updated: April - 15 - 2024
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.