$800,000
Glendale, AZ 85301
MLS# 6691151
Status: Pending
1 / 4
Property Description
Outstanding 4-PLEX in fantastic location. All units have stainless steel appliances, newer kitchens w/ granite counter tops. Bathrooms w/ granite counters, modern flooring, roof replaced within past few years by previous owner. New parking slabs installed by previous owner w/4 tenant spaces w/concrete bumpers. Excellent cash flow. All units are 2 Bedroom, 1 bath. Superb location close to Historic Downtown Glendale w/ restaurants, shopping and community events. Quick access to Grand Ave provides easy access to all parts of the valley. All units currently rented out.
Details
Maps
Contract Info
Current Price: $800,000
List Price: $800,000
Status: Pending
List Date: 2024-04-12
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 6544
Compass: N
Street Name: 59TH
St Suffix: Drive
Unit #: FRNT
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2863
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 21 NEIGHBORS ADD MCR 004417
Subdivision: NEIGHBORS ADD
Assessor's Map #: 11
Assessor's Parcel #: 62
Add'l Parcels: No
Assessor Number: 144-11-062
Legal: LOT 21 NEIGHBORS ADD MCR 004417
Census Tract: 92801
Tax Municipality: Glendale
Taxes: 1109
Tax Year: 2023
Marketing Name: 6544 N 59th Drive (4PLEX)
General Property Description
Lot Size Dimensions: 11279
Year Built: 1949
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: Residential
Flood Zone: TBD
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: 59th Ave & Bethany Home
Directions: 59th Ave North to Maryland, West to 59th Dr., North to subject property on left hand side of street.
Geo Lat: 33.533045
Geo Lon: -112.188131
Status Change Info
Status Change Date: 2024-04-16
Off Market Date: 2024-04-16
Under Contract Date: 2024-04-16
Legal Info
Township: 2N
Range: 2E
Section: 7
Lot Number: 21
Income & Expenses
Owner Association: No
Operating Exp: 1109
Gross Annual Sch Inc: 60000
Vacancy Allowance: 0.05
Adjusted Gross Inc: 57000
Net Operating Income: 55900
Pmt & Rate Info
Equity: 800
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1250
Avg SqFt: 688
# Baths: 1
Contact Info
List Agent Cell Phn2: 480-287-0180
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Concrete; Ceramic Tile
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Partially Fenced
Appliances Included: F/S Oven/Range; Microwave; W/D Hookup
Heating: Individual; Heat Pump
Cooling: Electric; Heat Pump; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas; Individual Meter
Parking: 1 Space/Unit; Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Gas; Cable TV
Source of Fincl Data: Provided by Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; No Carry
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Bellagio Real Estate
Last Updated: April - 17 - 2024
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