5913 W Palmaire Avenue

    Glendale, AZ 85301
    • $330,000
    • STATUS: Closed
    • ON SITE: 131 days
    • MLS #: 5932854
    Sold - 10/10/2019
    $330,000
    SOLD - 10/10/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1935
    County:
    Area:

    Description

    Located directly across the street from Historic Downtown Glendale with shops, restaurants, and transportation. These units have capital improvements that include new roofs, fresh paint, new dual pane, energy efficient windows, new HVAC, and heat pumps. This property consists of one building with open parking in the rear. There is still room for a value add as well by renovating Unit 1, increasing rents, and/or sub-metering the electric.

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    © 2019 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 Revelation Real Estate. Data last updated 2019-10-22T07:11:55.363.
    www.247azpropertysearch.com/homes/95839970

    5913 W Palmaire Avenue Glendale, AZ 85301

    • Price: $325,000
    • Status: Closed
    • Updated: 44 min ago
    • MLS #: 5932854
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1935
    Built
    County:
    Maricopa
    Area:
    Glendale
    Elementary School:
    Glendale Landmark Middle School
    Middle School:
    Glendale Landmark Middle School
    High School:
    Glendale High School
    School District:
    040 - Glendale Elementary District
    Property Description
    Located directly across the street from Historic Downtown Glendale with shops, restaurants, and transportation. These units have capital improvements that include new roofs, fresh paint, new dual pane, energy efficient windows, new HVAC, and heat pumps. This property consists of one building with open parking in the rear. There is still room for a value add as well by renovating Unit 1, increasing rents, and/or sub-metering the electric.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Partially FencedPatio/Balcony Lot Size Dimensions 90 X 170 Parking Free Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 4.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 400 1 Bedroom Unit Baths 2 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 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 F/S Oven/RangeRefrigerator Cooling Electric RefrigeratdIndividual2 Or More UnitsWindow/Wall Unit Efficiency Unit Avg Sq Ft 400 Efficiency Unit Baths 2 Floors Ceramic Tile Heating 2 Or More UnitsElectricIndividualWindow/Wall Unit(S) Interior Amenities UnfurnishedFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 681.50 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 37668.00 Annual Elec Exp 4000.00 Annual Gas Exp 600.00 Annual Ins Exp 800.00 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 1800.00 Community Amenities No Pool Cross Street 59th Avenue And Glendale Efficiency Unit Avg Rent 888.00 Efficiency Units 2 Electric ApsMaster Meter Gas Master MeterSw Gas Gross Annual Sch Inc 37668.00 Hoa YN No Net Operating Income 29258.00 New Financing FhaConventional1031 ExchangeVa Operating Exp 8410.00 Other Income 0.00 Owner Pays WaterSewerElectricGasTrash Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Special Owner/Agent Tax Municipality Glendale Taxes 1210.00 Tenant Pays Cable Tv Totl Mnth Rntal Inc 3139.00 Vacancy Allowance 0.00 Water Master Meter Zoning C-2

    Listing courtesy of Grayson & Grayson.


    © 2019 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 Revelation Real Estate. Data last updated 2019-10-22T07:11:55.363.
     
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    Chandler AZ, 85286