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    7151 N 53RD Avenue

    Glendale, AZ 85301
    • $325,000
    • STATUS: Active Under Contract
    • ON SITE: 14 days
    • MLS #: 6193477
    Under Contract
    UPDATED: 138 min ago
    $325,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Information

    Description

    Triplex next to Downtown Glendale with hard to beat cash flow. Cash or no financing contingency offers only at full price or above. This is a two building/three unit complex. There are two 2 bedroom/1 bathroom units that are around 650 SF +/- with huge rents of $1057 +$957. A separate 1 bedroom/1 bathroom cottage that is around 500 SF -/- gets $869 rent. Next door corner lot is scheduled to be developed into two 4 unit buildings, which will only enhance and gentrify the area. This complex has had many upgrades over the last several years, but will still need value-add. Please do not bother the tenants, showings in escrow only. Buyer to complete and rely on own due diligence.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-02-27T00:12:47.707.
    www.yosthomes.com/homes/114200755
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    7151 N 53RD Avenue Glendale, AZ 85301

    • Price: $325,000
    • Status: Active Under Contract
    • Updated: 138 min ago
    • MLS #: 6193477
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1948
    Built
    Neighborhood:
    Park Place Blks 2,5,6
    County:
    Maricopa
    Area:
    Glendale
    Elementary School:
    Isaac E Imes School
    Middle School:
    Glendale Landmark Middle School
    High School:
    Glendale High School
    School District:
    040 - Glendale Elementary District
    Property Description
    Triplex next to Downtown Glendale with hard to beat cash flow. Cash or no financing contingency offers only at full price or above. This is a two building/three unit complex. There are two 2 bedroom/1 bathroom units that are around 650 SF +/- with huge rents of $1057 +$957. A separate 1 bedroom/1 bathroom cottage that is around 500 SF -/- gets $869 rent. Next door corner lot is scheduled to be developed into two 4 unit buildings, which will only enhance and gentrify the area. This complex has had many upgrades over the last several years, but will still need value-add. Please do not bother the tenants, showings in escrow only. Buyer to complete and rely on own due diligence.
    Exterior Features

    Construction BrickFrame - Wood Construction Finish PaintedSiding Covered Parking Spaces 0.00 Exterior Amenities Fenced Lot Size Dimensions 5559 Parking 1 Space/UnitOther (See Remarks) Roads ConcreteSidewalk(S) Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 484 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 600 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling Central A/CElectric RefrigeratdWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetConcreteVinyl/Composition Heating Ceiling Fan(S)ElectricGasWindow/Wall Unit(S) Interior Amenities Fire/Smoke Alarm(S)Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 869.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 1007.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Cross Street 51st Ave And Glendale Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Other (See Remarks) Operating Exp 783.00 Other Income 0.00 Owner Pays Trash CollectionWater Project Type Tri-Plex Sale Includes Building(S) OnlyLand & Building Sewer Sewer - Public Source Of Financial Data Other (See Remarks)Projected ProformaProvided By Owner Tax Municipality Maricopa - County Taxes 783.00 Tenant Pays Cable TvElectricGas UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City Franchise Zoning R-3

    Listing courtesy of S. J. Fowler Real Estate Inc..


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-02-27T00:12:47.707.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122