Wow!!! Seller is motivated bring your offers now!!! Fully rented 10 units in a great location!!! All units have tile and carpet. A 9% cap if self managed.Property has onsite manger and maintence and washer and dryer onsite. Near Glendale Community college and the sports arena. Clean, low maintenance, brick construction, 10 unit complex with great mix of 1 and 2 bedroom units. Roof updated a few years ago. Extra-large lot, with plenty of off street parking, coin operated laundry, and upside rent potential. Rents are less than area demands. Financing may be available through local lender. Drive by only. Showings on accepted contract only. All facts and figures approximate including MLS info..
Age: 31-40 Years Old
Amenities: Patio, Security System, Security System
This fully-renovated duplex stands on the corner of 57th Ave and Myrtle, in the historic walking district of downtown Glendale. The owners renovated from the studs up, creating well-lit, open space for your business, renters or home. Renovations included new landscaping, vaulted ceilings, new roof, doors, copper plumbing, kitchenettes, handicapped-accessible bathrooms and upgraded electrical. You will be ready to go with six on-site parking spaces. The duplex has two mailing addresses (7162 N 57th and 5705 W Myrtle) and two meters, but they can be combined in to one unit easily, totaling 2,418sf. One unit is renting now and the second side is ready to rent now. This property is zoned ''live-work'', so your choices abound!
CAP RATE 14%+! Don't let this one slip by you. Well maintained, 100% Occupied, 6-Unit building in a great rental area! Heck why not add on and take advantage of the 1/2 acre of land it sits on! This property is close to everything!5 of these units are FURNISHED Studios that include full bath and kitchens with upper and lower cabinets, table, chairs, couch and beds, individual A/C and heat units, and hot water heaters. The 6th unit is a 2 BR, 1BA with kitchen too. You will never buy a better investment than this property...HURRY!
Here is your chance to own a well performing and STABLE 4 plex. Great mix and ONE HUNDRED percent occupied. Residential Financing available and in Glendale-look at the employment base, the unit mix and the numbers! Where else will you find this?? Drive by only-no viewings until we have an accepted contract on the FULLY OCCUPIED property.
DO NOT DISTURB TENANTS. Great 4-PLEX in Great Rental Area in Glendale. Two, 2 BR, in each. Gas and Electric are metered individually. Lots of newer fixing up such as, paint, cabinets, flooring, counters, and showers. A great property in a great rental area. Another 4-Plex, 6601-03 N 59th Dr., just up the street, Also Being Offered. See MLS #5313633.
DO NOT DISTURB TENANTS. Great 4-PLEX in Great Rental Area in Glendale. Two, 2 BR, 1BA and two Efficiencies in these 4 Units. Gas and Electric are metered individually. Lots of newer fixing up such as, paint, cabinets, flooring, counters, and showers. A great property in a great rental area. Includes Parcel 144-11-059. And we have Another 4-Plex, 6537 N 59th Dr., just down the street, Also Being Offered. See MLS #5313640
Block constructed 4plex. Copper plumbing, onsite laundry. Has to be bought as a package Deal 5237 N. 59th Dr (Tax Show Ave.) separate parcel (144-28-005) same price Twin 4plex. Please drive by only. DO NOT DISTURB TENANTS!! All measurements and financial info to be verified by buyer prior to close.
GREAT INVESTMENT OPPORTUNITY;EACH UNIT HAS REFRIG.& STOVE AND 1 COVERED PARKING SPACE. STUCCO OVER BLOCK CONSTRUCTION. LANDLORD OWNS COIN OP LAUNDRY, BRINGS AT LEAST $50/MONTH. DRIVE BY ONLY. INSPECTION WITH ACCEPTED CONTRACT ONLY, PLS DO NOT DISTURB TENANTS. THIS PROPERTY MAKES MONEY, GREAT DOWNTOWN GLENDALE LOCATION, CLOSE TO EVERYTHING! LONG TIME TENANTS PAY UNDER MARKET RENT, IT SHOULD BE AT LEAST $550 EACH.