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.

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

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

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.

7151 N 53RD Avenue

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7151 N 53RD Avenue Glendale, AZ 85301

Property Description

Construction	Brick Frame - Wood
Construction Finish	Painted Siding
Covered Parking Spaces	0.00
Exterior Amenities	Fenced
Lot Size Dimensions	5559
Parking	1 Space/Unit Other (See Remarks)
Roads	Concrete Sidewalk(S)
Roofing	Comp Shingle

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/C Electric Refrigeratd Window/Wall Unit
Efficiency Unit Avg Sq Ft	0
Efficiency Unit Baths	0
Floors	Carpet Concrete Vinyl/Composition
Heating	Ceiling Fan(S) Electric Gas Window/Wall Unit(S)
Interior Amenities	Fire/Smoke Alarm(S) Unfurnished

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 Collection Water
Project Type	Tri-Plex
Sale Includes	Building(S) Only Land & Building
Sewer	Sewer - Public
Source Of Financial Data	Other (See Remarks) Projected Proforma Provided By Owner
Tax Municipality	Maricopa - County
Taxes	783.00
Tenant Pays	Cable Tv Electric Gas
UCB	Ucb (Under Contract-Backups)
Vacancy Allowance	0.00
Water	City Franchise
Zoning	R-3