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6733 N 54th Avenue,  Glendale AZ, 85301

(Active)
$1,750,000
|
|
MLS# 6687609
Last Updated: 5/17/2024 5:51 AM
Description for 6733 N 54th Avenue Glendale, AZ 85301
This offering is a 10-unit/four parcel assemblage (sold together only). Long-term owner, self-manages. Attractive Seller Financing is available with 30% down. Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases. 60% of the units have recent upgrades. The combined sf of the units is about 8700 total sf or $201/sf. The unit mix over nine buildings consists of: (1) 4 bed/2 bath house; (3) 3 bed/1 bath houses; (1) 2 bed/1 bath houses; (4) 1 bed/1 bath units; & (1) Studio unit. Expenses are low. The total utility bill cost is $300/m for w/s/t, electric.Proforma/market rents are about $12,800/month. 7+ CAP after finishing the value-add/maximizing rents. Flexibility to upgrade/sell off each parcel or hold long-term as a package. Buyer to complete/rely on own DD.
Price
$1,750,000
SUGAR ADD BLKS 1-6, 13, 14
Maricopa
6687609
Active
Description
This offering is a 10-unit/four parcel assemblage (sold together only). Long-term owner, self-manages. Attractive Seller Financing is available with 30% down. Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases. 60% of the units have recent upgrades. The combined sf of the units is about 8700 total sf or $201/sf. The unit mix over nine buildings consists of: (1) 4 bed/2 bath house; (3) 3 bed/1 bath houses; (1) 2 bed/1 bath houses; (4) 1 bed/1 bath units; & (1) Studio unit. Expenses are low. The total utility bill cost is $300/m for w/s/t, electric.Proforma/market rents are about $12,800/month. 7+ CAP after finishing the value-add/maximizing rents. Flexibility to upgrade/sell off each parcel or hold long-term as a package. Buyer to complete/rely on own DD.
Listing Information
Property Type: Multi-Family, Other
1945 Block,Stucco
2N//
SUGAR ADD BLKS 1-6, 13, 14
See Remarks
Public Sewer
Sewer Connected
Neighborhood
Room Information
Interior Features
Microwave
Ceramic Tile, Vinyl, Carpet, Wood
Central Air, Electric, Heat Pump, Window/Wall Unit
Gas Heat, Electric Heating, Heat Pump, See Remarks
Exterior / Lot Features
18 Parking Spaces, On Street, Common
Stucco, Block
Metal, Composition, Rolled, Hot Mop
28000 sf
R-3
Driving Directions
Just a few blocks SE of Historic Downtown Glendale. Grand to 53rd Ave north to Lamar to the property.
Financial Considerations
146-05-119
$3,721
Conventional, Owner May Carry
Listing Price History

Glendale Real Estate

Glendale is located in Arizona. Glendale, Arizona 85301 has a population of 250,356.

The median household income in Glendale, Arizona 85301 is $37,001. The median household income for the surrounding county is $68,280 compared to the national median of $66,222. The median age of people living in Glendale 85301 is 37 years.

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Courtesy: Better Homes & Gardens Real Estate SJ Fowler

Information deemed reliable but not guaranteed. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
This content last refreshed on 5/17/2024 5:51 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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