x
Address
7151 N 53Rd Avenue Glendale, AZ
Price
$ 229,900
Property Attributes
  • MLS#5950505
  • TypeMulti-Family
  • CountyMARICOPA
  • CityGlendale
  • NeighborhoodPark Place Blks 2 - 5 - 6
  • Zip85301
  • Style
  • Year Built1948
  • Taxes744
  • Price$ 229,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Venture REI, LLC
Property Description

Cash cow! Double Digit Cap Rate!! Three individually metered units producing $1675/month and 10.60% Cap Rate and potential for higher returns. Major updating done including a newer roof, hot water heater, and newer central A/C plus window A/C units. Some updating in the kitchens and baths. SQ Footage is 1,874. Add this one to your portfolio today! PLEASE DO NOT DISTURB THE TENANTS, DRIVE BY ONLY!

Elementary School Middle School High School
Isaac E Imes School Elementary School Glendale Landmark Middle School Glendale High School
Price History
7/10/2019 Listed $239,900
7/31/2019 2% - $237,500
8/16/2019 2% - $234,900
9/3/2019 2% - $232,500
9/13/2019 2% - $229,900

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Brick, Frame - Wood
Elementary School Isaac E Imes School
Features No Pool
High School Glendale High School
Map Code/Grid N32
Middle School Glendale Landmark Middle School
Net Income 0.00
New Financing Conventional
Owner Pays Water, Trash
Parking Other (See Remarks)
Property Type F
Public Remarks Cash cow! Double Digit Cap Rate!! Three individually metered units producing $1675/month and 10.60% Cap Rate and potential for higher returns. Major updating done including a newer roof
School District 040 - Glendale Elementary District
Status Active
Subdivision PARK PLACE BLKS 2, 5, 6
Tenant Pays Electric, Gas, Cable TV, Landscaping
Year Built 1948
Zoning 8612

Interior Features

Appliances Included Refrigerator
Cooling Central A/C, Electric Refrigeratd, Window/Wall Unit
Electric APS
Floors Concrete, Carpet, Vinyl/Composition
Gas SW Gas
Heating Electric, Gas, Window/Wall Unit(s), Ceiling Fan(s)
Total Number of Units 3.00

Exterior Features

Sale Includes Building(s) Only, Land & Building
Const - Finish Painted, Siding
Covered Parking Spcs 0.00
Exterior Features Fenced
Lot Size Dimensions 5559
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 3.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85301

Price
AVG $290K
$230K
Taxes
AVG $749
$744
Visits
AVG 214
84
Year Built
AVG 1950
1948

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.