6733 North 54TH Avenue Glendale, AZ 85301

$655,000
$655,000
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Four unit complex with a 6 CAP at very low price/sf. Part of a package sale (see MLS 6717771 & 6687609). Attractive Seller Financing (25% down, 6% i/o, 5 yr balloon). Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases; 100% occupied. Many upgrades, though room to value-add. The four structures are about 3800 total sf. The unit mix: (1) 4 bed/2 bath house w/ 1500sf/$1550 rent; (1) 3 bed/1 bath house w/ 1200sf/$1250 rent; (1) 1 bed/1 bath unit w/ 700sf/$625 rent; & (1) Studio unit w/ 400sf/$600 rent. Expenses are low. 6 CAP with current operations & 7+ CAP potential. Buyer to complete/rely on own DD, Please do not disturb the residents. Sold as an eight unit package only.

Four unit complex with a 6 CAP at very low price/sf. Part of a package sale (see MLS 6717771 & 6687609). Attractive Seller Financing (25% down, 6% i/o, 5 yr balloon). Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases; 100% occupied. Many upgrades, though room to value-add. The four structures are about 3800 total sf. The unit mix: (1) 4 bed/2 bath house w/ 1500sf/$1550 rent; (1) 3 bed/1 bath house w/ 1200sf/$1250 rent; (1) 1 bed/1 bath unit w/ 700sf/$625 rent; & (1) Studio unit w/ 400sf/$600 rent. Expenses are low. 6 CAP with current operations & 7+ CAP potential. Buyer to complete/rely on own DD, Please do not disturb the residents. Sold as an eight unit package only.

Listed by:
Better Homes & Gardens Real Estate SJ Fowler

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool
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