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Details
Four unit complex with a 6 CAP at very low price/sf. Part of a package sale (see MLS 6717771 & 6687609). Attractive Seller Financing (25% down, 6% i/o, 5 yr balloon). Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases; 100% occupied. Many upgrades, though room to value-add. The four structures are about 3800 total sf. The unit mix: (1) 4 bed/2 bath house w/ 1500sf/$1550 rent; (1) 3 bed/1 bath house w/ 1200sf/$1250 rent; (1) 1 bed/1 bath unit w/ 700sf/$625 rent; & (1) Studio unit w/ 400sf/$600 rent. Expenses are low. 6 CAP with current operations & 7+ CAP potential. Buyer to complete/rely on own DD, Please do not disturb the residents. Sold as an eight unit package only.PROPERTY FEATURES
Water Source :
See Remarks, City Franchise, Master Meter
Sewer Source :
Sewer-In & Connected, Public Sewer
Electric :
Other (See Remarks), APS, Individual Meter
Community Features :
See Remarks, No Pool
Parking Features:
Other (See Remarks), Free, >1 Space Per Unit, Street Parking
Cooling:
Other, See Remarks, Heat Pump, Electric, Wall/Window Unit(s)
Heating :
Other, See Remarks, Heat Pump, Window/Wall Unit(s), Electric, Natural Gas
Construction Materials:
Painted, Stucco, Block, Frame - Wood
Flooring :
Carpet, Ceramic Tile, Vinyl, Wood
PROPERTY DETAILS
Street Address: 6733 N 54TH Avenue
City: Glendale
State: Arizona
Postal Code: 85301
County: Maricopa
MLS Number: 6717766
Year Built: 1945
Courtesy of Better Homes & Gardens Real Estate SJ Fowler
City: Glendale
State: Arizona
Postal Code: 85301
County: Maricopa
MLS Number: 6717766
Year Built: 1945
Courtesy of Better Homes & Gardens Real Estate SJ Fowler
Courtesy of Realty ONE Group