Triplex next to Downtown Glendale with hard to beat cash flow. 8+ CAP with excellent actual rents in place! Hard to find anything else on the market with this kind of cash flow! CASH OR NO FINANCING CONTINGENCY ONLY offers considered at seller request. 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. This complex has had upgrades over the last several years, but will still need value-add/more attention. Please do not bother the tenants, showings in escrow only. Buyer to complete and rely on own due diligence.
Off market
$303,600
7151 N 53rd Ave, Glendale, AZ 85301
--beds
0baths
986sqft
MultiFamily
Built in 1948
-- sqft lot
$-- Zestimate®
$308/sqft
$1,647 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump, Electric, Gas
Cooling
- Central, Wall
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet, Concrete, Linoleum / Vinyl
Interior area
- Total interior livable area: 986 sqft
Property
Parking
- Total spaces: 1
Features
- Exterior features: Cement / Concrete
Lot
- Size: 5,662 sqft
Details
- Parcel number: 14716024
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Electric: APS
- Gas: SW Gas
- Sewer: Sewer - Public
Community & neighborhood
Location
- Region: Glendale
Other
Other facts
- Ownership: Fee Simple
- Community Amenities: No Pool
- Cooling: Window/Wall Unit, Central A/C, Electric Refrigeratd
- Exterior Amenities: Fenced
- Gas: SW Gas
- Heating: Ceiling Fan(s), Gas, Electric, Window/Wall Unit(s)
- Project Type: Tri-Plex
- Sewer: Sewer - Public
- Water: City Franchise
- Parking: Other (See Remarks)
- Sale Includes: Land & Building, Building(s) Only
- Construction: Frame - Wood, Brick
- Const - Finish: Painted, Siding
- Roofing: Comp Shingle
- Floors: Carpet, Vinyl/Composition, Concrete
- Appliances Included: Refrigerator
- Owner Pays: Water, Trash Collection
- Tenant Pays: Electric, Cable TV, Gas, Landscaping
- New Financing: Conventional
- Source of Fincl Data: Unknown
- Electric: APS
- Tax Municipality: Maricopa - COUNTY
- High School: Glendale High School
- Jr. High School: Glendale Landmark Middle School
- Elementary School: Isaac E Imes School
- Roads/Streets: Concrete, Sidewalk(s)
- Tax Year: 2019
- Ownership: Fee Simple