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6733 N 54TH Avenue, Glendale, AZ 85301,Glendale,Maricopa,Multiple Dwellings
Multiple Dwellings
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6733 N 54TH Avenue, Glendale, AZ 85301
6733 N 54TH Avenue, Glendale, AZ 85301,Glendale,Maricopa,Multiple Dwellings
Description
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.
Details
Property ID
6717766
6717766
Year Built
1945
1945
Features
Additional details
- AdditionalParcelsYN: 1
- CommunityFeatures: See Remarks,No Pool
- ConstructionMaterials: Painted,Stucco,Block,Frame - Wood
- Cooling: Other,See Remarks,Heat Pump,Electric,Wall/Window Unit(s)
- CoveredSpaces: 0
- CrossStreet: Glendale and 54th Ave
- CurrentFinancing: Not Applicable
- Directions: Just a few blocks SE of Historic Downtown Glendale. Grand to 53rd Ave north to Lamar to the property.
- Disclosures: None
- DocumentsCount: 0
- Electric: Other (See Remarks),APS,Individual Meter
- ElectricExpense: 900
- ElementarySchoolDistrict: Glendale Elementary District
- FinancialDataSource: Other (See Remarks),Owner,Projected Proforma
- Flooring: Carpet,Ceramic Tile,Vinyl,Wood
- GrossIncome: 47025
- GrossScheduledIncome: 48300
- Heating: Other,See Remarks,Heat Pump,Window/Wall Unit(s),Electric,Natural Gas
- InsuranceExpense: 900
- ListAgentKey: 20140819191420306210000000
- ListAgentMlsId: js1287
- ListOfficeKey: 20071206231833426876000000
- ListOfficeMlsId: sjfl01
- ListingContractDate: 2024-06-11
- ListingKey: 20240611193455747143000000
- ListingTerms: Other (See Remarks),Conventional,Owner May Carry
- LotSizeArea: 0
- LotSizeDimensions: 7000
- LotSizeSquareFeet: 0
- MaintenanceExpense: 2875
- MlsStatus: Active
- ModificationTimestamp: 2024-09-01T02:34:38Z
- NetOperatingIncome: 39400
- NumberOfUnitsTotal: 4
- OpenParkingSpaces: 7
- OperatingExpense: 7626
- OriginalEntryTimestamp: 2024-06-12T00:19:10Z
- OriginatingSystemID: M00000048
- OriginatingSystemKey: 20240611193455747143000000
- OriginatingSystemName: Arizona Regional Multiple Listing Service (ARMLS)
- OwnerPays: Other,See Remarks,Trash Collection,Water,Sewer
- ParcelNumber: 146-05-119
- ParkingFeatures: Other (See Remarks),Free,>1 Space Per Unit,Street Parking
- ParkingTotal: 7
- PhotosChangeTimestamp: 2024-06-11T22:19:11Z
- PhotosCount: 21
- PostalCity: Glendale
- PostalCodePlus4: 3319
- ProfessionalManagementExpense: 0
- PublicSurveyRange: 2E
- PublicSurveySection: 8
- RoadSurfaceType: Asphalt,Dedicated Street,Curb(s) & Gutter(s),Sidewalk(s)
- Roof: Composition,Metal,Rolled/Hot Mop
- Sewer: Sewer-In & Connected,Public Sewer
- SourceSystemID: M00000048
- SourceSystemKey: 20240611193455747143000000
- SourceSystemName: Arizona Regional Multiple Listing Service (ARMLS)
- StateOrProvince: AZ
- StatusChangeTimestamp: 2024-07-10T14:34:52Z
- StreetDirPrefix: N
- StreetName: 54TH
- StreetNumber: 6733
- StreetSuffix: Avenue
- TaxBookNumber: 146.00
- TaxLegalDescription: SUGAR ADD
- TaxLot: 16
- TaxYear: 2023
- TenantPays: See Remarks,Electricity,Cable TV
- Township: 2N
- TrashExpense: 0
- VacancyAllowanceRate: 0.05
- VideosCount: 0
- WaterSewerExpense: 1200
- WaterSource: See Remarks,City Franchise,Master Meter
- Zoning: R-3
- ListAgentFirstName: James
- ListAgentLastName: Stephens
- ListAgentPreferredPhone: 602-672-3526
- ListAgentURL: www.phoenixmulti-family.com
- ListOfficeName: Better Homes & Gardens Real Estate SJ Fowler
- ListOfficePhone: 480-649-3536
- ListOfficeURL: http://www.sjfowler.com
- ContractStatusChangeDate: 2024-07-10
- TaxAnnualAmount: 1251
- InternetConsumerCommentYN:
- InternetAutomatedValuationDisplayYN:
- CapRate: 6.02
- StreetNumberNumeric: 6733
- ListAgentFullName: James C Stephens
- InternetAddressDisplayYN: 1
- NumberOfBuildings: 4
- GardenerExpense: 500
- FuelExpense: 0
- InternetEntireListingDisplayYN: 1
Address
- Address 54TH
- City Glendale
- State/county Maricopa
- Zip/Postal Code 85301
- Area 13, 14, SUGAR ADD BLKS 1-6
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